Friday, 24 March, 2023

SoftBank and Ant Group Consider Selling Paytm shares, Zomato Faces Restaurant Backlash

<p>SoftBank and Ant Group are reportedly looking to sell their shares in Paytm, while Zomato is facing pushback from restaurants over commission rates. Zomato&#39;s plan to increase commission rates from 20% to 23% has resulted in protests and boycotts from some restaurants. Meanwhile, SoftBank and Ant Group&#39;s move to sell their shares in Paytm may be prompted by regulatory concerns and the overall state of the Indian fintech market.</p>