Kolkata: Zomato delivery executives protest over Chinese investment in firm; burn T-shirts

Amidst ongoing Indo-China crisis, 20 delivery executives of food home delivery application Zomato protested over firm having investment from China on Saturday in Kolkata. protesters, who are delivery executives in Kolkata, burnt ir Zomato T-shirts, as a mark of protest against Chinese investment. protesters even claimed that y h quit startup as it has investors from China.

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issue over Chinese investment

In October 2018, Zomato raised $210 million from Alibaba's payment affiliate Ant Financial. Ant Financial received an ownership stake of over 10% of company as part of round, which valued Zomato at around $2 billion. Zomato h also raised an ditional $150 million also from Ant Financial earlier in 2018. delivery executives h an issue over a Chinese investment making massive returns from an Indian organization, at a time when Indian Army lost 21 of its heroes in ongoing border crisis with China.

Since, crisis which martyred 21 Indian soldiers at Galwan, re have been massive calls for boycotting of Chinese goods throughout country. Viral videos of kids smashing ir Chinese mobile devices to political parties burning effigies of Chinese Premier Xi Jinping have been observed.  protestors are of opinion that business and warfare which harms nation, cant happen simultaneously, hence y urge customers t to order from or use application but use or applications.

Although parent organization Zomato has t come up with any statement on issue of continuing investment from a Chinese firm, or protest by its own employees, protestors left ir own tribute to martyred soldiers by also taking out a small peace march for Indian forces on Saturday.

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