Zomato (Eternal) News and Updates

[Bapun]

Zomato to shift entire delivery fleet to electric by 2030

The company also said it is already actively working with a few EV players to design pilots and create business models that could facilitate a faster transition towards a viable mobility solution for deliveries

www.livemint.com

 

[Bapun]

https://twitter.com/x/status/1403062029636624387

Source

 

[Bapun]

Zomato IPO: Decks clear for listing as food delivery platform gets SEBI apporoval - The Economic Times Video | ET Now

The Securities and Exchange Board of India (SEBI) has approved Zomato's initial public offering (IPO) application, sources told ET Now. Zomato's IPO is one of the most anticipated IPOs of the year.

m.economictimes.com

 

[Bapun]

Ant Group-backed Zomato aims IPO at valuation of almost $8 bln

Indian food delivery company Zomato's initial public offering (IPO) is priced at 72 to 76 rupees per share, giving it a valuation of as much as $7.98 billion, the company said on Thursday, as it cashes in on a pandemic-led surge in online ordering.

www.reuters.com

 

[iDJ]

https://twitter.com/x/status/1413862999635337225

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[Bapun]

Zomato raises $562 million from anchor investors ahead of IPO | TechCrunch

Updated at 7pm IST on July 14: Zomato's $1.3 billion IPO was fully subscribed on the first day. Our original story follows. Indian food-delivery startup

techcrunch.com

 

[Itsme...]

https://twitter.com/x/status/1415875799928950789

Source

A risky gamble? People are investing by speculating future profit which may or may not happen.! #ZomatoIPO

 

[Itsme...]

Zomato listed at 115 against issue price of 76. Now it is trading at 138(Upper circuit).
Source: Zomato listing LIVE: Share price jumps to Rs 138 after bumper debut; m-cap hits Rs 1 lakh cr on listing day

 

[Itsme...]

https://twitter.com/x/status/1418429185958293504

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[Bapun]

https://twitter.com/x/status/1437680823256375299

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