In what would potentially become the million-dollar move in India's consumer online delivery, food delivery company Zomato is considering in talks to buy SoftBank-backed online grocery startup Grofers. The demand for e-grofers has seen a spike in the past few weeks due to coronavirus lockdown in India.
Zomato has acquired UberEats and is offering free 3-month Zomato Gold subscription. Here's how to get it
Zomato on Tuesday said it has acquired the Indian business of Uber Eats in an all-stock deal that will give Uber 9.99 per cent stake in the Indian food delivery and restaurant discovery platform.
UberEats last week launched its operations in Cuttack, its second city in Orissa, saying it Awill partner with a number of local restaurants such as Mirchi, Biryani Box, DFC Dada's Biryani, Burger Adda Factory.
Uber is likely to sell its UberEats division to Zomato in India. Read on to learn more.
Uber Eats, the food delivery unit of Uber, on Friday said it is focussing aggressively on expanding its presence in India, a market that is expected to become a USD 15 billion opportunity over the next few years.
Uber is reportedly in talks with Swiggy to sell its food delivery business Uber Eats. The move is being considered by pundits a step aimed to consolidate costs and yet retain stake in the market.
Uber Eats is currently present in 37 cities in India while CCD has a network of 1,742 cafes across 246 cities in India.
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