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Foodtech major Zomato is launching a new app 'District' for its 'going-out' business. The app will allow customers to discover and book restaurants and offer additional use cases such as booking tickets for movies, sports, live performances, among others

In its shareholder letter, Zomato CEO Deepinder Goyal said that Zomato's dining-out business is now operating at a run-rate of over $500 Mn annualised GOV (gross order value) and is already profitable.

Additionally, he said there is an opportunity to add other services besides 'dining out' in the 'going-out' business.

Additional use cases for customers in the going- out space include, movies, sports ticketing, live performances, shopping, staycations among others, Goyal said, adding that the company has already launched some of these and is working on the others.

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