Zomato invests $125m in Indian tech startups amid widening loss

Nikkei Asia | Nov. 11, 2021, 5:05 p.m. | Original

BENGALURU -- Food deliverer Zomato is staking a claim in India's hyperlocal delivery segment, turning the heat on incumbents such as SoftBank-backed Swiggy and Google-backed Dunzo.

Mobile ambitions weigh on Japan's Rakuten for 3rd straight quarter Japan's Foreign Minister Hayashi: China hand or too pro-Beijing?