Published 14:07 IST, June 28th 2020
Zomato employees burn company T-shirts to protest Chinese investment in firm
A group of Zomato food delivery platform employees in Kolkata tore and burnt their official T-shirts to protest Chinese investment in the firm
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A group of Zomato food delivery platform employees in Kolkata tore and burnt ir official T-shirts to protest Chinese investment in firm.
agitation comes in backdrop of killing of 20 Indian soldiers in a clash with Chinese troops in eastern Lakh's Galwan Valley on June 15.
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During protest at Behala in southwestern part of city on Saturday, some agitators claimed y have quit ir jobs as Zomato has a sizeable Chinese investment and urged people to stop ordering food via company.
In 2018, Ant Financial, a part of Chinese major Alibaba, h invested USD 210 million in Zomato for a 14.7 percent stake. food delivery major recently raised an ditional USD 150 million from Ant Financial.
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"Chinese companies are making profits from here and attacking Army of our country. y are trying to grab our land. This cant be allowed," one of protesters said.
Ar protester said y were rey to starve but would t work for companies that have investment from China.
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In May, Zomato laid off 520 employees or 13 percent of its workforce in a huge retrenchment exercise due to vel coronavirus pandemic.
re was immediate reaction from Zomato and wher protesters were among those who were retrenched was t kwn.
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Im credits: PTI / Representative im
14:07 IST, June 28th 2020