Friday, August 2, 2024

Zomato’s revenue rises 74% on Blinkit, Hyperpure surge

Food delivery giant Zomato reported multifold year-on-year (YoY) growth in its consolidated net profit while revenue soared for the June quarter. Zomato announced the launch of District – a new app for its going-out business. The company has been increasing its focus on the vertical, which includes dining out, live events, and ticketing.

from Tech-Economic Times https://ift.tt/si31p8R

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...