Sources: Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato for ~$400M; Zomato shares have surged 90%+ in 2023 (M. Sriram/Reuters) 28-11-2023

M. Sriram / Reuters:
Sources: Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato for ~$400M; Zomato shares have surged 90%+ in 2023 — Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato (ZOMT.NS) for nearly $400 million through block deals …