Ant Group arm to offload 3.4% stake in Zomato for Rs 3,290 croreAccording to a term sheet released by the deal broker, BofA Securities, Alipay Singapore Holdings, an entity of the Ant Group, has proposed...
29 Nov, 2023, 08.49 AM IST
Jefferies’ Chris Wood adds Zomato to India portfolio; HDFC Life makes exitChristopher Wood, Jefferies’ Global Head of Equity Strategy, has added Zomato to his India and global long-only equity portfolios. The weig...
26 May, 2023, 07.15 PM IST
Market cap of tech companies sees steep fall since listingCB Insights data showed that out of the top 20 tech IPOs in the US since 2020, 90% (18 of 20) were currently trading lower than their IPO v...
04 May, 2023, 08.22 PM IST
Tech earnings a mixed bag in Q3: check key highlightsTake a look at some important numbers reported by these new-age companies.
14 Feb, 2023, 07.19 PM IST
Temasek unit picks up 1.14% stake in Zomato for Rs 607.60 croreAfter the changing of hands of Zomato shares, Temasek now holds a combined 4% stake in the Gurugram-based company. It bought a 2.86% stake ...
30 Nov, 2022, 10.03 PM IST
Alibaba Group to sell 26.29 crore Zomato shares on November 30The sale will take place at an offer floor price of Rs 60 per share – a 5.59% discount to Tuesday’s closing price of Rs 63.55 on BSE.
29 Nov, 2022, 11.29 PM IST
Tiger Global nearly halves Zomato stake; key takeaways from Premiere of ET Soonicorns SummitA day after Uber sold its entire 7.8% stake in Zomato for a reported $392 million comes news that another in the food delivery company has ...
07 Sep, 2022, 12.59 PM IST
Jack Ma to give up control of Ant; Tata Neu CTO quits four months after launchThe news comes two years after Ma delivered a notorious speech that prompted furious regulators to halt Ant’s $34 billion IPO and demand th...
28 Jul, 2022, 07.18 PM IST
Ant Group denies talks to sell stake in PaytmPaytm competes with Google Pay, Walmart’s PhonePe and Amazon Pay in the digital payments segment - which include Unified Payments Interface...
02 Dec, 2020, 08.04 PM IST
Alibaba puts India investment plan on hold amid China tensions: SourcesAlibaba, which has fuelled the growth of several Indian start-ups, will not put in fresh funds to expand its investments in the country for...
26 Aug, 2020, 09.42 PM IST
Delivery Hero buys Zomato’s UAE unitZomato’s decision to sell the UAE business comes at a time when it is in talks to raise $500 million to $1 billion in fresh funds.
05 Mar, 2019, 08.12 AM IST
Ant Financial gets rights for biggest pie in ZomatoThe agreement is a part of Ant Financial’s $200 million investment in Zomato in February, as per its updated Articles of Association.
11 Sep, 2018, 08.54 AM IST
Zomato’s chief business officer quitsKulashekaran had first resigned from the Gurgaon-based company in December and was then retained and elevated to the post of chief business...
05 Jun, 2018, 10.24 AM IST
Sameer Maheshwary set to join Zomato as Chief Financial OfficerSameer’s appointment at Zomato will be effective July after his latest stint at GE serving as the CFO for its South Asia business
17 May, 2018, 04.40 PM IST
Zomato co-founder Pankaj Chaddah quits as it shuffles top managementWhile Chaddah gave no indication of his next move, he is expected to stay with the company until the end of March to enable a smooth transi...
02 Mar, 2018, 09.04 AM IST
Investors queue up at Swiggy; SoftBank may put in $200-250 mn, Flipkart & Tencent also in talksChinese Internet giant Tencent, which has backed Flipkart, is likely to co-invest, if the negotiations fructify, sources said.
29 Nov, 2017, 09.12 PM IST
Zomato COO quits, but will be on advisory boardGulati, the former CEO of Tata Docomo, was appointed in March to strengthen the various business verticals of the company, according to peo...
18 Sep, 2017, 12.23 PM IST