Ant-backed Zomato's roaring India debut sets pace for internet startups

Ant-backed Zomato's roaring India debut sets pace for internet startups

3 years ago
Anonymous $drS9DEX_Sj

https://www.reuters.com/article/us-zomato-listing/ant-backed-zomatos-roaring-india-debut-sets-pace-for-internet-startups-idUSKBN2ET08B

BENGALURU (Reuters) -Shares of food delivery firm Zomato Ltd nearly doubled on Friday in a stellar first listing of a local unicorn in India, setting the pace for a slew of such debuts by internet-based startups that are thriving during the COVID-19 pandemic.