YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Uber sells food delivery business in India

Posted online

Uber sold its food delivery business, Uber Eats, in India to Zomato, its local rival.

Through the deal, Uber gains a 10% stake in Zomato. The purchase values Uber Eats' India business at $160 million to $200 million, sources familiar with the matter said.

Uber Eats entered India in 2017.

Read more from TechCrunch.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Quilted Cow

A franchise store of a Branson West-based quilting business made its Queen City debut; Grateful Vase launched in Lebanon; and Branson entertainment venue The Social Birdy had its grand opening.

Most Read
SBJ.net Poll
Update cookies preferences