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India s Zomato posts smaller net loss as online orders jump

BENGALURU (Reuters) -Indian food delivery firm Zomato Ltd on Thursday reported a narrower loss for the second quarter thanks to a rise in volumes and value of online orders. Adjusted core loss, excluding figures for

Zomato shares slide for second day; tumble over 8%

Zomato Ltd had last Friday said it will acquire Blink Commerce Pvt Ltd for Rs 4,447.48 crore in a share swap deal as part of its strategy of investing in quick commerce business.

Zomato To Acquire Quick Grocery Delivery Platform Blinkit For Rs 4,447 Crore In All-Stock Deal

Zomato To Acquire Quick Grocery Delivery Platform Blinkit For Rs 4,447 Crore In All-Stock Deal
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Zomato planning to purchase Blink Commerce Pvt Ltd - New Delhi Times - India Only International Newspaper

Online food delivery platform Zomato Ltd on June 24, 2022 said it will acquire Blink Commerce Pvt Ltd (formerly known as Grofers India Pvt Ltd) for a total purchase consideration of Rs 4,447.48 crore in a share swap deal. The company’s board at a meeting held on June 24 has approved acquisition of up to…

Food delivery app Zomato to acquire Blinkit in Rs 4,447 crore deal

Zomato will acquire Blinkit brand s Blink Commerce Pvt Ltd via issuance and allotment of up to 62.85 crore fully paid up equity shares.

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