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Chinese payments giant Alipay divests stake in Indian food delivery startup Zomato for $400 million

Chinese payments giant Alipay is planning to sell its 3.4% stake in the Indian food delivery giant, Zomato, for nearly $400 million through block deals on Indian stock exchanges, according to an exclusive report from Reuters, citing three sources familiar
The post Chinese payments giant Alipay divests stake in Indian food delivery startup Zomato for $400 million first appeared on TechStartups.

Chinese payments giant Alipay is planning to sell its 3.4% stake in the Indian food delivery giant, Zomato, for nearly $400 million through block deals on Indian stock exchanges, according to an exclusive report from Reuters, citing three sources familiar […]

The post Chinese payments giant Alipay divests stake in Indian food delivery startup Zomato for $400 million first appeared on TechStartups.

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