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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...

Zomato to become a one-stop-solution for resturants, consumers

In a bid to move ahead from just a restaurant search and discovery service, Zomato now plans to launch a food marketplace. The Gurgaon-based portal will provide a single platform that will serve the restaurant and fast food industry...
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India to get an unmanned, cashierless store. And it’s in Pune

The grab-and-go convenience store is being launched by a bunch of 28-year-oldsMumbai: On 1 May as the world celebrates...
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