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UBER SELLS INDIAN FOOD DELIVERY ARM TO ZOMATO

Published On 21 Jan 2020 12:14 PM

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Highlights

Uber sold its online food-ordering business in India to Zomato
The deal is likely to put Zomato to the top position in India’s food delivery market, ahead of Swiggy.

The online food-ordering business of Uber in India was sold to Zomato, the local rival. It is in exchange for a 9.99% stake in the startup backed by China’s Ant Financial. It is....

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UBER SELLS INDIAN FOOD DELIVERY ARM TO ZOMATO

Published On 21 Jan 2020 12:14 PM

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