Latest News | Zomato Winds Up US-based Step-down Subsidiary
Get latest articles and stories on Latest News at LatestLY. Zomato on Thursday said its step-down subsidiary, Zomato USA LLC, has been dissolved and wound up.
New Delhi, Aug 19 (PTI) Zomato on Thursday said its step-down subsidiary, Zomato USA LLC, has been dissolved and wound up.
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"Zomato USA LLC (ZUL), step down subsidiary of the company, has been dissolved and wound up," Zomato said in a regulatory filing.
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ZUL was not a material subsidiary of the company and did not have any business activity and its dissolution will not affect the turnover/revenue of the company, it added.
The company has received intimation on August 18, 2021, regarding dissolution and winding up of Zomato USA LLC effective from August 17, 2021, the filing said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)