Zomato's $1.3 billion India stock offering draws strong investor appetite
https://www.reuters.com/article/us-zomato-ipo/zomatos-1-3-billion-india-stock-offering-draws-strong-investor-appetite-idUSKBN2EM0NP
A $1.3 billion stock offering by Indian food delivery startup Zomato, backed by China's Ant Group was almost eight times oversubscribed before the offer closed later on Friday, as investors placed bets on a fast-growing sector.
Zomato's $1.3 billion India stock offering draws strong investor appetite
Jul 16, 2021, 8:31am UTC
https://www.reuters.com/article/us-zomato-ipo/zomatos-1-3-billion-india-stock-offering-draws-strong-investor-appetite-idUSKBN2EM0NP
>A $1.3 billion stock offering by Indian food delivery startup Zomato, backed by China's Ant Group was almost eight times oversubscribed before the offer closed later on Friday, as investors placed bets on a fast-growing sector.