Nearly $1 Billion Loss In Zomato's Value In Two Days After Blinkit Deal - NDTV Profit

Shares of India's Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second straight day as investors questioned the rationale of the company's deal to buy local

Zomato said on Friday it would acquire Blinkit for Rs 4,447 crore ($568.16 million) in stock. Bengaluru: Shares of India's Zomato Ltd fell as much as 8.2% on Tuesday, extending losses for a second s… [+1708 chars]

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