Paytm in talks with Zomato to sell movie and events ticketing business in strategic overhaul.

Paytm is reportedly in talks with Zomato to sell its movie and events ticketing business as part of a strategic overhaul amid declining sales. The discussions between One97 Communications Ltd., Paytm's parent company, and Zomato, the online food delivery firm, are in advanced stages, but no final decision has been made. This move is part of Paytm's revival strategy as it faces weakening sales.

June 16, 2024
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