Zomato got investment of $210 million in 2018 from Ant Financial, part of Chinese giant Alibaba, for 14.7% stake in company
New Delhi: A group of employees of Zomato food delivery platform in Kolkata burned their official T-shirts in protest against the killing of Indian soldiers by the Chinese PLA at Galwan valley in Ladakh last week.
During the protests that took place in Behala, Kolkata, some of the employees claimed that they quit their jobs at Zomato as the company has a good amount of Chinese investments and also urged the people to stop ordering from the app.
Zomato got an investment of $210 million in 2018 from Ant Financial, part of Chinese company Alibaba, for a 14.7% stake in the company. The food delivery app recently raised $150 million again from Ant Financial.
“Chinese companies are making profit from here and attacking the Army of our country. They are trying to grab our land. This cannot be allowed,” said one of the protestors.
Another employee of Zomato while speaking to the media said that they are ready to starve but would not work for companies that have investments from China.
During the nationawide lockdown, Zomato fired 520 employees in an attempt to keep the company afloat during the coronavirus pandemic.