Zomato acquires India business of Uber Eats
Uber’s foray into food delivery in India has come to an end with the sale of the business to local peer Zomato through an all-stock deal.
Zomato's acquisition of Uber Eats comes hot on the heels of the company receiving a $150 million equity injection from China's Ant Financial. Uber will get a 9.99% stake in Zomato - valuing the business...
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