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Zomato winds up subsidiary in Jordan

Shortpedia

Content Team
Image Credit: deccan herald

Zomato said it has liquidated Zomato Ireland Limited - Jordan, a step-down subsidiary based in Jordan, as of March 12. Zomato Jordan, as the company was called, did not have any active business, as disclosed by the company in its red herring prospectus in 2021, Zomato said in an exchange filing. “It may be further noted that the closure of Zomato Jordan does not affect the turnover/revenue of the company,” the filing added.