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Technology


RSS FeedsUber sells Indian food delivery arm to Ant Financial-backed Zomato
(Reuters Technology)

 
 

21 january 2020 07:06:35

 
Uber sells Indian food delivery arm to Ant Financial-backed Zomato
(Reuters Technology)
 


Uber has sold its online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China`s Ant Financial, limiting its exposure to a crowded market where it has struggled to grow.


 
32 viewsCategory: Technology
 
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