SoftBank that sold around 10 Crore shares in Zomato, planning to leave the online food delivery platform
Shortpedia
Content Team
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Japanese investment giant SoftBank, which sold nearly 10 crore shares in Zomato, amounting to an 1.17 per cent of the company’s equity, is planning to fully exit the online food delivery platform in next few months. According to sources, SoftBank has around 2.18 per cent remaining stake in Zomato which it is likely to sell via block deals. Money Control was first to report about the development.
