online food delivery

Alibaba affiliate may sell 1.54% stake in Zomato

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Alibaba affiliate may sell 1.54% stake in Zomato

Antfin Singapore, an affiliate of the Chinese conglomerate Alibaba Group, is likely to sell a 1.54% stake in online food delivery aggregator Zomato on Tuesday through block deals, aiming to raise around ₹3,400 crore. According to a term sheet issued by the bankers Goldman Sachs and Morgan Stanley, Antfin Singapore is offering to sell 136 … Read more

No time to cook? How hotels and cloud kitchens prioritize safety, delivery of online food takeaways

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No time to cook? How hotels and cloud kitchens prioritize safety, delivery of online food takeaways

With cloud kitchens offering affordable options, the once-expensive dining out food bill can be easier on the pocket than ever before. (Image source: ITC Hotels Bengaluru] If the pandemic has turned around and reinforced one major activity in the lives of people, it is the awareness that eating out is no more a casual activity … Read more