Temasek unit picks up stake in Zomato after Alibaba pares holding

Temasek unit picks up stake in Zomato after Alibaba pares holding

Photo: Zomato

Temasek Holdings has bought a 1.14% stake in India’s Zomato, a day after Alipay Singapore Holding Pte offloaded 3.07% of its shares in the food delivery startup, according to data from the National Stock Exchange.