Zomato acquires Paytm's entertainment ticketing business for $244.1M; the division contributed about 9% to Paytm's overall revenue in Q1 2024
Manish Singh / TechCrunch :
Sources: Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato for ~$400M; Zomato shares have surged 90%+ in 2023
Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato (ZOMT.NS) for nearly $400 million through block deals …
Source: Uber plans to sell its 7.8% stake in Indian food delivery firm Zomato for $350M+, after assuming an unrealized loss of $707M on the investment in Q2
Uber plans to sell its 7.8% holding in Indian food delivery firm Zomato as early as Wednesday, a source familiar with the matter told TechCrunch.
Zomato acquires instant delivery service Blinkit, formerly Grofers, for $568.1M; Blinkit raised about $700M in total and was valued at $1B+ in 2021
Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million deal as the loss-making food delivery firm looks …
Uber sold Uber Eats in India to Zomato for $206M, instead of $350M as previously reported, in return for a 9.99% stake, lowering Zomato's ~$3B valuation
Aditi Shrivastava / The Economic Times :
Uber has agreed to sell Uber Eats in India to Zomato for 9.99% share in the company; all delivery drivers and basic customer information to be transferred over
The ride-hailing giant agreed to sell Uber Eats in India to rival Zomato, continuing its recent efforts to exit money-losing businesses.
Source: Uber is in advanced talks to sell Uber Eats India to local rival Zomato in a deal that values Uber Eats India at ~$400M
Uber is in advanced stages of talks to sell its food delivery service (Uber Eats India) to local rival Zomato as the American ride-hailing giant looks to cut …
Restaurant discovery service Zomato shuts down Urbanspoon after integrating data, removes shake-to-search feature
Tricia Duryee / GeekWire :