Alipay Singapore Holding exits Zomato, sells 3.44% stake worth Rs 3,337 crore

Alipay Singapore Holding, a subsidiary of the Chinese e-commerce powerhouse Alibaba, divested its entire 3.44% stake in Zomato, the online food delivery aggregator, for Rs 3,337 crore. This move involved the sale of over 29.60 crore Zomato shares in 31 transactions on the BSE. According to block deal data from BSE, Alipay...