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Zomato Dismisses Shiprocket Acquisition Rumors Jefferies Remains Bullish on Stock - BW Businessworld

Zomato s shares rise as CEO denies USD 2 billion Shiprocket acquisition rumours, cautious clarification cites focus on existing businesses., , zomato, Shiprocket

Deepinder goyalNational stock exchange

Flipkart to raise $1 billion from Walmart, others; Zomato offers to acquire Shiprocket

Ecommerce giant Flipkart is in the middle of closing a $1 billion funding round in which Walmart has committed $600 million. This and more in todays ETtech Top 5.

United statesGautam kapoorVishesh khuranaAkash guptaPeter thiel mithrilAkshay ghulatiSaahil goelAbhishek poddarAnmol jaggiCounterpoint researchFlipkart groupJapan softbank vision fundQatar investment authorityBesides walmartPension plan investment boardSoftbank vision fund

Zomato unlikely to buy Shiprocket, deal could cause share to trade weak: Jefferies

The brokerage, which has a buy call on Zomato stock, said that this looks like an unrelated acquisition on the face of it

Vivek maheshwariJithin johnKunal shahBigfoot retail solutionsQuick commerce

zomato: Zomato offers to acquire Shiprocket for $2 billion: report

Zomato has proposed to acquire the company for about $2 billion, the report said, adding that no final decision has been made.

Uttar pradeshSaahil goelGautam kapoorVishesh khuranaAkshay ghulatiProgramme in fintechOffering collegeTechnology leadershipTech prowessHigh value skillData science forApplied riskDeepinder goyal ledEcom expressOffers toAcquire shiprocket

Zomato said to make takeover offer for closely held Shiprocket

Shiprocket was last valued at about %1.2 billion, data shows. Zomato is backed by investors from Temasek to PayPal

Saahil goelTemasek holdings pteZomato ltdNew delhi based zomatoChief executive officer saahil goelBertelsmann india investmentsPaypal venturesTemasek holdings

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