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HSBC brokerage slashes Zomato’s $1bn value by half
HSBC's brokerage arm - HSBC Securities and Capital Markets (India) - has cut the valuation of Zomato. The restaurant search service's valuation was slashed from $1 billion to $500 million.
The move comes close on the heels of a valuation downgrade in e-commerce player Flipkart...
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Digital Icon : Afzal Hussain
Afzal Hussain is a seasoned professional with over a decade of experience across the mobility and fashion sectors, including 8 years...
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