Back to Career News

Zomato acquires Uber Eats

January 21, 2020

Zomato acquires Uber Eats

Online delivery food platform Zomato has acquired the Indian operation base of Uber Eats.

Uber Eats is another food delivery platform run by Uber, who has sold Uber Eats India at $350 million dollars i.e. Rs 2,485 crore.

This is an all-stock transaction that means it will give a 10% shareholding in Zomato.

According to ET, Uber was to almost sell the business to Swiggy but the deal didn’t happen.

Recommended for you ...

State run lenders gatecrash elite banks club
State run lenders gatecrash elite banks club

November 25, 2022

PhonePe in talks to buy ZestMoney
PhonePe in talks to buy ZestMoney

November 25, 2022

ICICI Prudential Mutual fund launches nifty pharma index fund
ICICI Prudential Mutual fund launches nifty pharma index fund

November 25, 2022

Chat on WhatsApp