Uber EATS ni konna Zomato

[Hydrockers]

Ippudu swiggy vadi position enti

[Assam_Bhayya]

Uber vaadu etla ammadu,  enduku ammadu, uber vadey manage cheyalekha poyana or not felt profitable anymore ? 

[tacobell fan]

The deal is closed about a month ago I guess, no?

[Jambhalheart]

zomato is indian company which bought UBER eats (US company) which means its pretty good yaa

[Hydrockers]

4 minutes ago, Jambhalheart said:

zomato is indian company which bought UBER eats (US company) which means its pretty good yaa

Only india operations anukunta baa

[Assam_Bhayya]

Uber Eats to discontinue operations in India

Food delivery platform Zomato on Tuesday has said that it has acquired Uber’s food delivery business --  Uber Eats -- in India in an all-stock transaction.

With this, Uber Eats will discontinue operations in India. It will direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective from 7 am on Tuesday. However, the deal gives Uber 9.99 per cent ownership in Zomato.

“We are proud to have pioneered restaurant discovery and to have created a leading food delivery business across more than 500 cities in India. This acquisition significantly strengthens our position in the category," Deepinder Goyal, Chief Executive Officer (CEO) of Zomato said.

Sources familiar with the deal told BusinessLine that Uber Eats was not doing well in India and was not meeting the company's target of being number one or two in the business. It was losing business by around 20 per cent of the company's EBIDTA margins and therefore decided to sell the business to Zomato.

[r2d2]

9 minutes ago, Hydrockers said:

Only india operations anukunta baa

Correct..”Online food delivery and restaurant discovery platform Zomato has acquired the Indian operations of Uber Eats, the food delivery business run by Uber, for around $350 million (Rs 2,485 crore), two people in the know of the deal said.”

[Kool_SRG]

1 hour ago, Hydrockers said:

Ippudu swiggy vadi position enti

Oh Swiggy & Zomato were in talks of merger some time back now a new twist...

[Kool_SRG]

19 minutes ago, Assam_Bhayya said:

Uber Eats to discontinue operations in India

If I am right amazon had bit of share in Uber Eats...

[Kool_SRG]