• 4
    Mar

    Uber sold its food delivery business in India to Zomato for $206M

    Uber  sold its food delivery business in India to the local rival Zomato for $206 million, the American ride-hailing company disclosed in a regulatory filing in one of its key overseas markets. In January, Uber announced that it had sold the India business of Uber Eats to Zomato  for a 9.99% stake in the loss-making Indian food delivery startup. The two companies had not disclosed ...