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June 29, 2024
Now on bbc news, all the latest Business News live from singapore. Its a yes vote for legalising same sex marriage in australia. We look at how the pink dollar could boost the economy. Hack or fact . A bbc Team Investigates claims apples Face Identification system on its iphone x is not secure. Hello and welcome to Asia Business report, im sharanjit leyl. Australians have voted in favour of same sex marriage, the results were announced this morning. It paves the way for legislation that will mak...
February 27, 2024
The CEO of ride-hailing company Ola Bhavish Aggarwal, commented on Ubers position in the Indian market. Aggarwal asserted Olas dominance, claiming they are deep into India and tripling Ubers ride-sharing revenue in FY23. He criticised Uber for talking it up without significant action
January 30, 2024
Cab aggregator Ola has recorded a sharp cut in valuation from an existing backer that pulled it to a level seen nearly a decade ago, ......
June 24, 2022
Zomato is acquiring Blinkit, a struggling 10-min grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings.
June 23, 2022
Uber Technologies Inc. explored options for its Indian ride-hailing business, including a sale, but suspended discussions after tech startup valuations cratered
March 15, 2022
Food delivery firm Zomato and instant delivery service Blinkit have reached an agreement for a merger, a source familiar with the matter told TechCrunch. The all-stock deal values Blinkit between $700 million and $750 million, the source said, requesting anonymity as the matter is private. The merger — or technically, an acquisition — comes at […]
July 1, 2021
After raising $120 million from Zomato, Grofers has become Indiaโs latest unicorn startup. The deal has been officially finalized, and Grofers is now worth more than a billion dollars, making Gurugram-based online grocery delivery startup 16th unicorn of India in 2021. The deal is expected to be approved by the CCI soon. Following its IPO, which is expected in a few months, Zomato may consider acquiring Grofers. Image Source: The Economic Times Zomatoโs investment in Grofers will benefit th...