Zomato buys Uber’s Indian food delivery business


Zomato said it bought Uber`s food delivery business in the country in an all-stock deal that gives the ride-hailing app a 10% stake in Zomato, which is backed by Alibaba`s Ant Financial. 

Zomato buys Uber's Indian food delivery business

Zomato said Uber Eats in India would discontinue operations and direct restaurants, delivery partners, and users to the Zomato platform, effective Tuesday. Photo: Reuters





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