Latest Breaking News On - Tonguestun food network - Page 1 : comparemela.com
After Shutting Its UK, US & Singapore Biz, Zomato To Pull Plug On Lebanon Business
inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
Zomato shuts down UK and Singapore subsidiaries permanently
medianama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medianama.com Daily Mail and Mail on Sunday newspapers.
Zomato To Dissolve Singapore & UK-Based Subsidiaries
inc42.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inc42.com Daily Mail and Mail on Sunday newspapers.
How Zomato Failed To Crack Global Market
Jul 10 2021, 12:19 PM
July 10 2021, 9:56 AM
July 10 2021, 12:19 PM
While expanding in India, Zomato Ltd. targeted a global push through a string of acquisitions in the last seven years. But the food delivery company, with its initial public offering lined up next week, hasnât had luck overseas.âWe are very focused on India as an opportunity and a lot of mindshare goes there. We believe we have so much to do in India and thatâs how we are building up,â Gaurav Gupta, co-founder and chief supply office.
While expanding in India, Zomato Ltd. targeted a global push through a string of acquisitions in the last seven years. But the food delivery company, with its initial public offering lined up next week, hasnât had luck overseas.
NEW DELHI: Where will the IPO-bound Zomato put its huge cash pile to work? This question is worth Rs 14,000 crore, and how!
Despite improved unit economics and lower cash burn, Zomato went on a fund-raising spree in FY21, with Rs 4,800 crore worth of equity capital raised in the first nine months and another funding round of Rs 1,800 crore came in February, making analysts wonder what will the Indian multinational restaurant aggregator and food delivery company do with the cash on balance sheet post its Rs 8,250 crore IPO.
The proposed offer will comprise Rs 7,500 crore worth of fresh issue and Rs 750 crore worth of share sale by Info Edge.