News > Just Dial must rethink its ambitions - it needs a viable business model
Just Dial must rethink its ambitions - it needs a viable business model
Economic Times | 19/06/2020 07:37 AM | Click to read full article
Just Dial was India's most valuable consumer Internet company at one point, but has fallen out of favour with investors in recent years.The search engine has found building a super app tough, and Google and many startups have made strong inroads into its different business segments. Its foray into smaller towns is a success. The company is debt-free, profit-making, and maintains healthy cash.
Many analysts still remain upbeat on the stock which has fallen 80% from its peak in the past six years.