CCI To Probe Zomato, Swiggy For Alleged Unfair Business Practices The NFA Post


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Antfin, which held a 6.42% stake in Zomato as of December-end, sold 176.4 million shares in the price range of 160.11-160.40 rupees each. About 56.8 million shares were bought by Morgan Stanley.


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BENGALURU, March 6 (Reuters) - China's Antfin has sold a 2.1% stake in Indian food delivery platform Zomato (ZOMT.NS), opens new tab via bulk deals on Wednesday, stock exchange data showed. Antfin.


Swiggy outpaces Zomato with higher revenue and scale in FY22

Zomato Ltd., the Indian food-delivery company that went public last year, is appointing chief executive officers to lead its key business units and plans to rename itself Eternal Ltd. after winning approval to acquire another delivery startup.. Zomato, backed by Ant Group Co., Temasek Holdings Pte. and Goldman Sachs Group Inc., said in an internal memo that it will name CEOs to at least four.


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Zomato and Swiggy Will Start Delivery in Chandigarh From Today

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Zomato has become a strategic investor in the hyper-local e-commerce segment and has picked up stakes in smaller start-ups. While Zomato says its core food-related businesses that include food delivery, dining-out and B2 supplies unit Hyperpure will remain its key focus, it wants to invest in building the ecosystem around the food delivery business so that the cost of running a better food.


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On July 23, 2021, Zomato got listed at a valuation of over $13.3 billion, with an issue price of Rs 76 apiece. After Zomato's rather successful IPO, which was oversubscribed a total of 38 times.


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CCI To Probe Zomato, Swiggy For Alleged Unfair Business Practices The NFA Post

Zomato IPO share listing HIGHLIGHTS: Zomato shares made a strong stock market debut on Friday, closing the initial day of trade at Rs 126 per share on the NSE. Zomato's stock price was up 66 per.


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Zomato App Redesign on Behance

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