Zomato’s shares have fallen over 20 percent since the company announced its acquisition of instant delivery platform Blinkit on June 24. In a move that appears to have not gone down well with investors, Zomato last week approved a proposal to acquire the cash-strapped quick commerce company Blinkit (previously known as Grofers) for Rs 4,447 crore. The company’s sh...
No comments:
Post a Comment