Zomato acquires Uber Eats India

On Tuesday morning, Gurugram based food tech unicorn startup Zomato gained Indian food delivery division of San Francisco-based ride-hailing giant Uber, Uber Eats in an all-stock deal of around Rs. 2485 crores ($350 million). The step to cut the losses came after Uber observed low contribution from its food business … Continue reading Zomato acquires Uber Eats India