Uber sells 7.8% stake in Zomato for Rs 3,088 cr

Uber sells 7.8% stake in Zomato for Rs 3,088 cr

PTI

New Delhi, August 3

Uber on Wednesday offloaded 61.2 crore shares of online food delivery aggregator Zomato Ltd for Rs 3,088 crore through an open market transaction.

According to bulk deal data available with the BSE, Uber BV sold 61,21,99,100 shares, amounting to 7.8 per cent stake in the company. The shares were disposed of at an average price of Rs 50.44 apiece, taking the transaction value to Rs 3,087.93 crore.

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