App Development

Uber Said to Be Looking to Sell 7.8 Percent Stake in Zomato in $373 Million Block Deal on August 3: Details 

Uber Said to Be Looking to Sell 7.8 Percent Stake in Zomato in $373 Million Block Deal on August 3: Details 

Uber could sell a 7.8 percent stake in food delivery firm Zomato, according to a document seen by Reuters. The offer size of $373 million (roughly Rs. 2,900 crore) is said to be based on the lower end of a Rs. 48 – Rs. 54 price range set for the block deal. On Monday, it was reported that Zomato is considering reorganising its management to have a CEO for each of it…

Leave a Reply

Your email address will not be published.