Alibaba Invests In Zomato

Parent company Zomato set to infuse fresh capital of Rs 300 cr in Blinkit

With this latest investment, Zomato has invested a total of Rs 2,300 crore in Blinkit since acquiring the company in August 2022

China's Alipay plans to sell 3.4% stake worth near $400 mn in Zomato

Bank of America and Morgan Stanley are advisers on the deal, which is likely to be executed later this week on Indian exchanges, said the three sources, who declined to be named as the plan is private

353 million shares of Zomato change hands on NSE; stock trades firm

According to media reports, Alibaba Group Holding Ltd plans to sell a stake of about 3 per cent in Indian food delivery firm Zomato worth $200 million through a block deal

Before change in FDI rules, Chinese invested millions in Indian tech firms

Between January and April 2020, Chinese companies and US hedge funds raised their stakes in Byju's, Paytm and many other billion-dollar Indian technology companies

Alibaba's Ant Financial Services invests $150 million in Zomato

Ant Financial Services Group is also buying $50 million worth of shares in secondary purchases