NEW DELHI—Uber Technologies Inc. is in talks to sell its food-delivery business in India to a local rival, according to people familiar with the matter, a potential boost for the American company as Chief Executive Dara Khosrowshahi seeks a path to profitability.
A deal, which could be announced as early as this week, would see the San Francisco-based company unload the costly Indian operations of its global food delivery arm, Uber Eats, to competitor Zomato Media Pvt. Ltd., the people said.
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Grubhub, Uber Eats and DoorDash made online food delivery a $10 billion business. Restaurants aren't happy about itThe popularity of online food delivery has surged in the last decade, but its success in coming years depends on restaurants' ability to adapt. They will perish Interesting that Domino’s hasn’t partnered with any of the aggregators. I think that’s the right call in the long term. They’re protecting their data and controlling operations/customer experience.
Source: CNBC - 🏆 12. / 72 Read more »
Grubhub, Uber Eats and DoorDash made online food delivery a $10 billion business. Restaurants aren't happy about itThe popularity of online food delivery has surged in the last decade, but its success in coming years depends on restaurants' ability to adapt. They will perish Interesting that Domino’s hasn’t partnered with any of the aggregators. I think that’s the right call in the long term. They’re protecting their data and controlling operations/customer experience.
Source: CNBC - 🏆 12. / 72 Read more »