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
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Anonymous 1
Hey I am on Medial • 9m
Still a loss, ticketing for movies and shows is primarily linked with Bookmyshow and there hasn't been any competition to it as of now. It will be a cash burning purchase by Zomato tbh.
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Zomato, a food delivery company, has confirmed its interest in acquiring Paytm's movie ticketing and events business.
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As you know Zomato has launched " District " which is basically a go-to App for consumers where you can buy tickets of live events , shows , movies , night out etc.
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