Recently Zomato denies Shiprocket buyout report

Zomato denied reports which said that the food delivery startup has offered to acquire Shiprocket for $2 billion. Cautioning investors against such “incorrect news”, CEO Deepinder Goyal said. He also mentioned that they will remain focused on their existing businesses with no plans for acquisition. Actually it is very critical as doing business is very difficult and people need to be much focused so that they can take right decision.

Today Zomato is very big brand and many people like to use their service. Zomato has made food eating very easy as from their app you can get any food you want in our place and in very reasonable price. From this case we can get that Zomato is more interested in doing their business rather than any plans for acquisition. This is actually very good news and from here we can get that today India have become a good place to do business as many people are getting success from here.

Leave a Reply