Friday, 24 March, 2023
SoftBank and Ant Group Consider Selling Paytm shares, Zomato Faces Restaurant Backlash
<p>SoftBank and Ant Group are reportedly looking to sell their shares in Paytm, while Zomato is facing pushback from restaurants over commission rates. Zomato's plan to increase commission rates from 20% to 23% has resulted in protests and boycotts from some restaurants. Meanwhile, SoftBank and Ant Group's move to sell their shares in Paytm may be prompted by regulatory concerns and the overall state of the Indian fintech market.</p>
Read full story at Economic Times
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