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The stock closed at 456 rupees ($5.41) on India's National Stock Exchange, giving the company a valuation of nearly $12.1 billion. It touched a high of 465.8 rupees earlier in the session.
Swiggy is an Indian online food ordering and ... Swiggy acquired the dining and table reservation platform Dineout from Times Internet in an all-stock deal valued at ...
Swiggy's share issue comes on the heels of Hyundai Motor India's record IPO, which received a dismal response from retail investors put off by the price. The carmaker's stock is down 6% since listing.
SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, three people familiar with the ...
In 2022, Times Internet sold its short video app MX Takatak to ShareChat for around $700 million in a cash-and-stock transaction. [24] This was followed by the sale of table reservation platform Dineout to Swiggy in an all-stock deal valued at $120 million. [25]
On 1 January 2021, Jubilant FoodWorks purchased a 10.76% stake in Barbeque Nation Hospitality Limited for ₹ 92 crore (US$11 million). [23] The company acquired a 35% stake in Mumbai-based food tech startup Thrive for ₹ 24.75 crore (US$2.9 million) in October 2021.
NEW DELHI/BENGALURU (Reuters) -SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion, as the food delivery firm looks to ...
A corporation can adjust its stock price by a stock split, substituting a quantity of shares at one price for a different number of shares at an adjusted price where the value of shares x price remains equivalent. (For example, 500 shares at $32 may become 1000 shares at $16.) Many major firms like to keep their price in the $25 to $75 price range.