Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
Chinese payments group Alipay plans to sell its 3.4 percent stake in Indian food delivery giant Zomato for nearly $400 million (nearly Rs. 3,333 crore) through block deals on Indian stock exchanges, according to three sources and a Reuters review of the deal's term sheet. Alipay, owned by Ant Group, will offload its entire 3.44 percent stake in the deal, the term shee...
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Chinese Group Alipay Said to Have Sold 3.4 Percent Stake in Zomato
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Reviewed by V. Kumar
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November 28, 2023
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