AprameyaAIย โขย 1y
Goyal Sharma bhaichara ? Zomato, a food delivery company, has confirmed its interest in acquiring Paytm's movie ticketing and events business. The deal, valued at around Rs 1,500 crore, is expected to enhance Zomato's event-related services and potentially compete with established players like BookMyShow. This is Zomato's second-largest acquisition after Blinkit's purchase in 2021 for Rs 4,447 crore. Both companies are exploring strategic opportunities to enhance shareholder value, with Zomato expanding its offerings and Paytm focusing on its core payment and financial services business.
Entrepreneurย โขย 10m
Zomato will acquire Paytm's entertainment and ticketing business for Rs 2,048 crore as the food delivery giant looks to expand its presence in the 'going-out' segment, while the embattled fintech major seeks to focus on its core financial services of
See MoreHey I am on Medialย โขย 11m
Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,
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SimpliFinย โขย 10m
Blunder or Masterstroke? - Zomato's acquisition of Paytm's entertainment and ticketing business for Rs 2,048 crore When Zomato bought Blinkit, everyone was of the opinion that it was a mistake, but it turned out to be a masterstroke. But, is the Pay
See MoreHey I am on Medialย โขย 11m
โข Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth ! โข Zomato's share price has increased by over 300% since its low in July 2023, leading to the surge in Deepinder Goyal's net worth. โข Goldman Sachs values Blink
See MoreMechanical Engineerย โขย 1y
Zomato hikes platform fee for users; pauses these deliveries Zomato hikes platform fee for users; pauses these deliveries Zomato increased platform fee to Rs 5/order in major cities, aiming to enhance earnings. Swiggy charges Rs 5, with some users f
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