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ZOMATO STAKE ACQUISITION
No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...- Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPOAs many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's a...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources sayFlipkart is set to enter India's booming entertainment market. The e-commerce giant plans to sell movie and concert tickets. This move pits...
- Walmart's Flipkart plans foray into India's ticketing market as live events boom, sources sayWalmart-owned Flipkart is set to enter India's burgeoning movie and concert ticket market, aiming for a May launch. This move into the fast...
- Buildit: Eternal CEO Albinder Dhindsa turns author, pens book on Blinkit’s journeyAlbinder Dhindsa, Eternal CEO and Blinkit cofounder, is launching his book Buildit, announced book publisher HarperCollins. The book, price...
- Zomato shares rally after management denies Shiprocket acquisition plansOn Thursday, Bloomberg had reported that Zomato has made an offer to acquire Shiprocket, which runs Bigfoot Retail Solutions, by valuing th...
- Zomato offers to acquire Shiprocket for $2 billion: reportZomato has proposed to acquire the company for about $2 billion, the report said, adding that no final decision has been made.
- Zomato shares jump 5% as 1.16% equity traded via block deal; SoftBank likely sellerSoftBank’s sale of Zomato shares follows the complete exit of the New York-based Tiger Global from the company. Tiger sold 1.44% stake, or ...
- SoftBank expected to sell Zomato shares for Rs 940 croreSoftBank’s sale of Zomato shares follows the complete exit of the New York-based Tiger Global from the company. Tiger sold 1.44% stake, or ...
- Tiger Global exits Zomato by selling remaining 1.4% stakeTiger Global's Internet Fund III PTE has sold 12.35 crore shares at Rs 91.01 apiece to raise about Rs 1,124 crore.
- Zomato to acquire Blinkit for Rs 4,447 crore in all-stock dealZomato said it would acquire up to 33,018 equity shares of Blink Commerce Pvt Ltd from its shareholders for a total purchase consideration ...
- Market movers: What made SpiceJet shares jump 6%; Zomato’s puzzling acquisitionsCoforge joined its peers reporting a strong set of numbers. It eventually ended up 7 per cent to Rs 4,690, but still remains below its 52-w...
- Zomato losses widened in Q2 but analysts project up to 60% upsideGoldman Sachs has a target of Rs 185 on Zomato stock as it believes Q2 beat was driven by strong user acquisition. It sees
- Competition Commission approves Zomato buying 9.3 pc stake in Grofers IndiaZomato, last month, said it has invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in Grofers as the company loo...
- 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.
- Info Edge may not participate in Zomato’s future fundraising plans due to its high valuationInfo Edge, which also owns jobs listing website Naukri and online property search firm 99acres, is the largest shareholder in Zomato with a...
- Foodpanda gobbles up rival JustEat India; combined entity to have 250 employees in IndiaFoodpanda also acquired Room Service in Malaysia, City Delivery in Philippines, Eat Oye in Pakistan and Koziness in Hong Kong.
- Zomato likely to raise fresh funding of $80 millionZomato aims to recruit more people & expand biz in two continents, including in US where it will battle Yelp, one of world’s largest restau...
- Zomato looking to join the billion dollar club through PE fundingZomato gets over 15 mn visits across its web & mobile platforms a month. In the past one year, the traffic has grown by over 300%, an offic...
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