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  • 6/17/2024
Zomato Paytm Deal News: देश की सबसे बड़ी Food Delivery Service देने वाले कंपनी Zomato एक नई डील करने जा रही है, खबर के मुताबिक जोमेटो जल्दी ही Paytm का Movie Ticket Business को खरीदने की कवायद कर रही है। वीडियो में जानिए डील की सभी जानकारी.


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Transcript
00:00Very soon, online food delivery company Zomato is going to buy Paytm's business.
00:05Yes, the conversation between Zomato and Paytm is in the last phase of this deal.
00:09If this deal is completed, then it will be the second biggest purchase of food delivery company Zomato.
00:14Before this, Zomato had purchased Quick Commerce Delivery Platform Blanket, which was previously popular in the name of growers.
00:20Now, which business of the company Paytm is going to buy, what are the details, what will be the benefits of both the companies, let's understand in the video.
00:28Actually, Paytm, stuck in a crisis, has made a plan to sell its movie and even ticketing business.
00:34And for this, Zomato is being discussed.
00:36FinTech company Paytm has taken this decision under restructuring.
00:40After the ban of Reserve Bank of India on Paytm Payments Bank, Paytm's business has been hit hard.
00:46In this, it is working on many options at the same time to handle the falling sales.
00:52In a large number, with the departure of employees, Paytm wants to focus on its payment business by removing some businesses.
00:59Paytm is working on a strategy to sell its non-core assets.
01:03And selling movie and ticketing business is also part of this strategy.
01:07If this deal is final, then the value of Paytm's movie and even ticketing business can be around Rs 2,000 crores.
01:15In the information given to Rabiwar Dehrad Stock Exchange, Zomato said that it is discussing with Paytm's movie and event ticketing business.
01:23Zomato said that this discussion is being done with the intention of strengthening its going out business.
01:29However, no binding decision has been taken yet for which the board's approval will be required.
01:34Meanwhile, in a separate filing, Paytm also said that the discussion is still in the initial stage.
01:39There is no binding agreement in this for which the board's approval or disclosure will be required.
01:45The company regularly looks for different strategic opportunities to increase the value of shareholders.
01:52Entertainment business sales are being considered.
01:55At the same time, it is believed that by selling the movie and event ticketing business, the company will try to regain its lost reputation in the UPI payment segment.
02:06In addition to Zomato, other options are also being seriously considered to sell this business.
02:11Vijay Shekhar Sharma's leadership company Paytm said last month that it has fallen in its sales for the first time.
02:18Paytm Payments Bank has suffered a lot due to the action of RBI on the company's FinTech business.
02:25To save its business, the company also took the support of four banks.
02:29Now let's see what will be the benefit of both.
02:32Paytm has not given the details of the movie and event ticketing business.
02:37But in March 2024, the company received annual sales of $ 17.4 billion through the marketing service business.
02:45In this, credit card marketing and gift vouchers business is also included along with movie and event ticketing.
02:52Now in this matter, some sources say that Paytm is merging its movies and insider event platform Vertical in one team.
02:59At present, customers can continue to book movies and events on the Paytm app.
03:04And if Paytm's deal with Zomato is successful, the company will focus on travel deals and cashback business.
03:11With the help of this, Paytm will get help in increasing its sales and merchant base.
03:15On the other hand, if we talk about Zomato, then Zomato's digital business will also become bigger.
03:20In March quarter, Zomato's going out business revenue increased by 100% to Rs. 93 crore.
03:27After completing the deal, Zomato can work on integrating both verticals within its platform.
03:33Well, now what happens ahead of this deal, we will definitely update you.
03:38How much information did you get in the video, do tell by commenting.
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