Alipay Singapore, an arm of chinese e-commerce giant Alibaba, has sold 3.07 per cent stake in online food delivery aggregator Zomato for Rs 1,631 crore through an open market transaction. According to the bulk deal data available with the National Stock Exchange (NSE), Alipay Singapore Holding Pte offloaded a total of 26,28,73,507 shares, amounting to 3.07 per cent stake in the company. The shares were offloaded at an average price of Rs 62.06 apiece, taking the transaction value to Rs 1,631.39 crore.
Zomato is an Indian multinational restaurant aggregator and food delivery company founded by Pankaj Chaddah and Deepinder Goyal in 2008. It provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities.
Company Name | CMP |
---|---|
Zomato | 193.05 |
FSN E-Commerce | 176.70 |
Indiamart Intermesh | 2648.20 |
Fone4 Commu. India | 5.75 |
Pace E-Comm Vent. | 19.65 |
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