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China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shanghai Stock Exchange filing (Reuters)

Reuters : China's SMIC plans to acquire the remaining 49% stake in its SMNC unit for ~$5.8B, making the unit wholly owned, per a Shan...

23 November 2024

Q&A with Zepto CEO Aadit Palicha on raising a new $350M round, the narrative that quick commerce is hurting grocery stores, industry pay structure, and more (Moneycontrol)

Moneycontrol:
Q&A with Zepto CEO Aadit Palicha on raising a new $350M round, the narrative that quick commerce is hurting grocery stores, industry pay structure, and more  —  In a wide-ranging interview with Moneycontrol, Palicha asserted Zepto is an Indian company that is not controlled by Americans, unlike Amazon and Flipkart parent Walmart.

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