Sources: Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato for ~$400M; Zomato shares have surged 90%+ in 2023 (M. Sriram/Reuters)

M. Sriram / Reuters:
Sources: Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato for ~$400M; Zomato shares have surged 90%+ in 2023  —  Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant Zomato (ZOMT.NS) for nearly $400 million through block deals …

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