Uber Eats will reportedly sell its Indian business to a local rival, Zomato, for $400 million.
Zomato, which also aggregates restaurants and operates in many countries around the world, is thought to be close to finalizing a $600 million funding round.Uber will reportedly sell its Indian Uber Eats business to local rival Zomato for $400 million., which claims negotiations are at "advanced stages." Reports of Zomato's possible acquisition of Uber Eats' Indian business first emerged last month.
Smart move...India very high tech very easy to duplicate Uber eats and Indians loyal to local tech/brands...technically isnt even a 'sale'..Zomato on top kudos
Herh my money be $399 million. Dem go take? Please Im waiting for feedback
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