Tag: category-/Food & Drink/Restaurants

Uber offloads Indian food delivery business to Zomato in all-stock deal

Uber has offloaded its Indian Uber Eats business to local rival Zomato, one month after reports first emerged that the U.S. company was in advanced talks to move away from food delivery in India after failing to gain sufficient traction. The all-stock transaction sees Uber gain a 9.99% stake in Zomato. It also represents part […]

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