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  1. Zomato ESOP plan gets shareholders' approval, 25 percent voted against it

    Zomato ESOP plan gets shareholders' approval, 25 percent voted against it

    At the current market price of around Rs 208 per share, the 18.26 crore shares are valued at around Rs 3,800 crore.It was mainly Zomato's institutional shareholders who voted against the proposal, with around 32 per cent opposing votes. Although details of individual votes have not been...
  2. Zomato may buy Paytm's movie ticketing business: Report

    Zomato may buy Paytm's movie ticketing business: Report

    The move is in line with Zomato's plans to expand its 'going out' offerings.According to the report, the potential deal could value Paytm's vertical at around Rs 1,500 crore.Zomato or Paytm have not yet commented on the report.If finalized, the acquisition will be Zomato's second-biggest...
  3. Zomato's Blinkit turns adjusted EBITDA positive, aims to open 1,000 stores in FY2020

    Zomato's Blinkit turns adjusted EBITDA positive, aims to open 1,000 stores in FY2020

    Consolidated adjusted EBITDA improved by Rs 369 crore compared to the same quarter last year.Adjusted revenue stood at Rs 3,873 crore, a growth of 61 per cent (y-o-y) for the quarter, while food gross order deliveries (GOV) grew by 28 per cent (y-o-y), the company said in a statement...
  4. Blinkit now worth more than Zomato's core food business: Report

    Blinkit now worth more than Zomato's core food business: Report

    While Zomato's food delivery business is valued at Rs 98 per share, Blinkit's "intrinsic value" is at Rs 119 per share, or about $13 billion, according to the investment bank report.According to TechCrunch report, in March last year, Goldman Sachs had valued Blinkit at $2 billion.The report...
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