Wed, Nov 29, 2023
Zomato Ltd shares surged 4% on November 29, driven by a massive block deal. A total of 29 crore shares were traded at Rs 112 per share, amounting to Rs 3,248 crore. Alipay Singapore Holding Pte Ltd was the likely seller, offloading its entire 3.44% stake in the company. The block deal was executed at a 2.2% discount to Nov 28's closing price of Rs 113.80. Zomato's stock has gained nearly 90% year-to-date.
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Thu, Sep 21, 2023
The company launched in-app brand store Meesho Mall last year to enable brands to sell directly to consumers.
Wed, Sep 06, 2023
The valuation that Arm is chasing represents a climb-down from the $64 billion valuation at which SoftBank last month acquired the 25 per cent stake it did not already own in the company from its $100 billion Vision Fund.
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