Zomato shares up as investors optimistic about growth post Amazon shuts down food-delivery business

Shares of Zomato traded in green on Nov 28 amid reports that Amazon has decided to shut down its food delivery business by the end of this year. "After a careful evaluation, we have decided to discontinue Amazon Food from December 29, 2022," Amazon told its restaurant partners.

Updated on: November 28, 2022, 09.01 PM IST
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