Covid situation creating problems and hampering many businesses in market like Zomato that is supported by Jack Ma’s Ant Group Co., who is complaining to its IPO in the Indian market, for 93.75 billion demands.
Offering deals and discounts started by the tech firm that is China’s third largest publicly traded firm, it introduced Uber eats and Yelp-style restaurant. Zomato before the pandemic took Uber Eats’ India business, that is also affected due to covid.
Western tech firms like Amazon, WhatsApp, Facebook and Twitter are also struggling to maintain 1.4 billion market, to keep it open for consumers.
In New Delhi information technology and consumer protection legislation is also targeting them. The law on personal data protection, non-personal information use, can highly affect in operating of these companies, like in Beijing and Hong Kong.
