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December 15, 2019 10:00 pm GMT

Uber all set to sell UberEats India business to Zomato

Uber is in advanced stages of talks to sell its food delivery service UberEats’ India business to local rival Zomato, as the American ride-hailing giant looks to cut its spending globally, three people familiar with the matter told TechCrunch. The deal currently values UberEats’ India business at around $400 million, one of the sources said. […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zGDbql4I1x0/

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