Uber Technologies Inc (NYSE:UBER) plans to divest UberEat’s India business to the local player – Zomato. It is part of the cost-cutting measure of Uber worldwide. The India business of UberEat’s is valued at $400 million. Uber eyes a stake in Zomato and plans to invest up to $200 million in the eleven-year-old company. The […]
Zomato
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