Zomato acquired Uber Eats as part of a full contractsteemCreated with Sketch.

in #zomato4 years ago

Zomato acquired Uber Eats as part of a full contract

unfortunately, acquired Uber Eats, a wholesaler run by Uber, for about $ 350 million. The agreement is the first important step towards integrating the online food delivery market led by Swiggy and Zomato. Zomato does not accept the Uber Eats team in India. This means that around 100 managers will be relocated or graduated to other Uber industries. Uber Eats no longer exists as an independent brand on the site, and platform users are redirected to the Zomato app.

Bengaluru / MUMBAI: Zomato, an online food and restaurant delivery platform, has acquired Uber Eats, a food delivery company in Uber, for about $ 350 million (2,485 crore). Two people who know the contract.

More info : (source:https://www.google.com/amp/s/m.economictimes.com/small-biz/startups/newsbuzz/zomato-acquires-uber-eats-in-an-all-stock-transaction/amp_articleshow/73465982.cms)

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