You are using an older browser version. Please use a supported version for the best MSN experience.

Zomato plunges on Blinkit Acquisition

Investors are visibly unhappy with Zomato acquiring instant grocery delivery firm Blinkit. Shares of food delivery service tumbled over 6% in trade today. Pricey valuations forked out to buy the loss-making quick commerce company are a cause of concern for investors. Brokerages across the board seem bullish on Zomato. Sakshi Batra explains.
image beaconimage beaconimage beacon