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ALIPAY STAKE SALE
Ant Group nets 4X return on investment in Zomato after latest part stake saleOn an investment of Rs 3,246 crore in the Gurugram-based food delivery firm, the Chinese ecommerce giant Alibaba’s affiliate has pocketed R...- AntFin sells 2% stake in Zomato via open market for Rs 2,828 croreAntFin entity AntFin Singapore Holding Pte sold 176,395,675 shares of Zomato at an average price of Rs 160.3 a share, bulk deals data on BS...
- Ant Financial likely to sell 2% stake in Zomato for Rs 2,800 crore via block deal: ReportIt plans to sell 176.4 million shares of Zomato that could fetch around Rs 2,810 crore, reports said. The floor price for the stake sale is...
- Stocks in news: Tata Technologies, Gandhar Oil, Fedbank Financial, ICICI Securities, GNFC, ZEEChina's Alipay has sold its entire stake in the food delivery company Zomato for about Rs 3336 crore through block deals on Wednesday.
- Prosus cuts Byju's valuation to under $3 billion; PayU India, Swiggy H1 financialsTechnology investor Prosus has slashed Byju’s valuation to below $3 billion from its peak of $22 billion. This and more in today’s ETtech T...
- Alipay exits Zomato via 3.5% stake sale, takes home Rs 3,336 croreBank of America and Morgan Stanley acted as advisers to the deal. Among the buyers in the deal were marquee funds including Goldman Sachs, ...
- Stocks in news: Zomato, Aster DM Healthcare, PCBL, IREDA, SiemensTata Power's renewable energy arm gets a letter of award for development for a 200 MW firm and dispatchable renewable energy project with S...
- China's Alipay to sell its 3.4% stake in Zomato for nearly $400 million: ReportBank of America and Morgan Stanley are advisers on the deal, which is likely to be executed later this week on Indian exchanges, said the t...
- 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 ...
- 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.
- Jack Ma’s Ant seeks $200 billion value in landmark dual IPOThe crown jewel of the sprawling Alibaba empire, Ant has been accelerating its evolution into an online mall for everything from loans and ...
- Paytm Mall raises Rs 3,000 crore from SoftBank, AlibabaWhen contacted, Paytm Mall COO Amit Sinha said the latest investment led by Softbank and Alibaba reaffirms the strength of the company's bu...
- SoftBank chairman Son lauds Flipkart and Paytm, calls them market leadersSon's comments after the Japanese investor, which has emerged as the largest backer of startups from Asia’s third-largest economy, announce...
- Nikhil Vora gets Rs 150 crore from Alibaba for his One97 stakeThat's more than 75 times in returns from the sale of the 0.35% stake or 1,60,000 shares of One97 Communications that Vora owned.
- RSS wing to study Paytm ties with Chinese Company AlibabaMeanwhile, Paytm Founder and Chief Executive Vijay Shekhar Sharma has told PTI that the payments and e-commerce platform is “as Indian as M...
- MediaTek invests Rs 400 crore in One97Existing investors Alibaba, Alipay & SAIF Partners will provide remaining capital of Rs 2,000-cr round
- Paytm looking to register over 50% increase in worth of goods, services sold per monthAlibaba, with its affiliate payments company Alipay, has already built a significant toehold in Indian online retail with around 40% stake ...
- Fintech operation will be many times bigger than ecommerce: Paytm's Vijay Shekhar SharmaVijay Shekhar Sharma is planning to spin off his ecommerce division, where Alibaba will call most of the shots, and focus his energies on f...
- Micromax in talks to sell one fourth stake to Alibaba for Rs 4,200 crore; SoftBank may join the dealMicromax is on the verge of signing an agreement to with Alibaba for Rs 4,200 cr, in what will be the first such purchase in an Indian phon...
- Chinese come calling: At $5 bn valuation, Alipay to buy 25% stake in MicromaxThe move is a big push for Micromax, valuing India’s No. 2 handset maker at around $4-5 billion (approximately Rs 24,000-30,000 crore).
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