Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 million, signaling a strategic move to expand its “going out ...
Paytm added that it had previously disclosed the matter in its financial results for the quarter ending March and the quarter ending June. NEW DELHI: One97 Communications, the parent company of ...
Paytm will sell its entertainment ticketing business, including TicketNew and Insider, to Zomato for Rs 2,048 crore, the company announced. This deal, set to transition over a year, would move ...
Bengaluru: Paytm Payments Services Ltd (PPSL) received the finance ministry’s approval for a downstream investment by its parent, making it eligible to seek a payments aggregator licence again ...
Paytm shares surged over 8 percent on September 10 amid heavy volumes. A total of 2 crore shares of the company changed hands on BSE and NSE combined so far, compared to the one-month average ...
Food delivery platform Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments firm Paytm for a combined Rs 2048 crore ($244.2 million), as the food ...
Troubled fintech giant Paytm has signed a definitive agreement to sell its entertainment ticketing business to foodtech major Zomato in an INR 2,048 Cr all-cash deal. “This deal, valued at INR ...
One 97 Communications Limited, popularly known as Paytm's board of directors, announced a salary revision for its executive members to ensure good governance ahead of its annual general meeting ...
Zomato’s acquisition of Paytm’s ticketing business is great business for Paytm, but is it great business for Zomato? They’ve paid almost $244 million to acquire two companies: One is Paytm ...
Paytm, which has been BookMyShow's closest competitor since 2017, will now hand over its market share to Zomato by selling its 'ticketnew' platform, which sells movie tickets, as well as its ...
Paytm's entertainment ticketing business covers movies, sports, and events (live performances). The boards of Zomato and One 97 Communications Ltd (OCL) have approved the all-cash deal. As part of ...
Zomato Ltd. agreed to buy Paytm’s movie and events ticketing business for 20.5 billion rupees ($244 million) in cash, snapping up an asset from the fintech pioneer to move beyond food and ...