Zomato on Tuesday announced it has acquired the Indian business of Uber Eats in an all-stock deal and Uber will give Uber 9.99 per cent stake in Deepinder Goyal-led Indian food delivery and restaurant discovery platform. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective Tuesday.Zomato on Tuesday announced it has acquired the Indian business of Uber Eats in an all-stock deal and Uber will give Uber 9.99 per cent stake in Deepinder Goyal-led Indian food delivery and restaurant discovery platform. Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective Tuesday. January 21, 2020 at 08:04AM https://ift.tt/2RDBd5x
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