Zomato shares slide 4% amidst ₹3,112 crore block deal; Antfin likely seller
The name of buyers and sellers were not known immediately, but reports suggest that China's Alibaba Group arm was looking to pare stake in the foodtech company.
The name of buyers and sellers were not known immediately, but reports suggest that China's Alibaba Group arm was looking to pare stake in the foodtech company.
Alipay Singapore Holding, an arm of Chinese e-commerce giant Alibaba’s affiliate Ant Group, is looking to sell its entire 3.44% stake in Zomato at a floor price of ₹111.28 apiece.