Zomato & Swiggy merger idea at nascent stage? | EXCLUSIVE
Video description:
Zomato and Swiggy investors likely to propose a merger idea on an account of ballooning losses. Investors to mull merger as volumes drop over 80%. Amazon’s entry in food also rattled investors of Zomato and Swiggy. The merger talks were initiated in pre-COVID periods but it failed. The company founder in first round of talks couldn’t agree on mgmt control. The proper merger will be highly complex and difficult to execute. The largest investors in Zomato and Swiggy are Chinese but they are not keen on investing more in the companies. ET Now’s Nayantara Rai with more exclusive details on the merger. Listen in! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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