Tuesday, June 28, 2022

After announcing plans to acquire Blinkit, Zomato's stock dropped 6.6% on Monday and 8.4% on Tuesday, cutting $1.1B from its market value (Ashutosh Joshi/Bloomberg)

Ashutosh Joshi / Bloomberg:
After announcing plans to acquire Blinkit, Zomato's stock dropped 6.6% on Monday and 8.4% on Tuesday, cutting $1.1B from its market value  —  Zomato Ltd. lost about $1.1 billion of market value in two days after the food-delivery platform announced the acquisition of loss-making quick-commerce …



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Researchers are paid $5K for reporting a bug to OpenAI that would let attackers run code in logged-in sessions of all who opened the hacker's ChatGPT share link (Swati Khandelwal/The Hacker News)

Swati Khandelwal / The Hacker News : Researchers are paid $5K for reporting a bug to OpenAI that would let attackers run code in logged-i...