Uber sold Uber Eats, the ride-hailing company’s food delivery arm, to rival Zomato today in India. In an all-stock deal, valued anywhere between $300-$500 million, the former will gain a 9.99 percent stake in Zomato. Uber Eats arrived in India back in 2017. Due to stalled growth and increasing losses, rumors of the company selling the business to rivals picked up steam early last year.
BING NEWS:
- Uber Eats, Grubhub ‘imposters’ rile popular Vegas restaurants
he asked Uber Eats in the post. “I wonder which one of my lawyer friends wants to sue a giant company for allowing garbage restaurants to impersonate the business that I built from the ground up?” ...
04/17/2024 - 9:31 pm | View Link - Aussie Uber Eats delivery goes viral: Man delivers food on horseback. See the video
That's right. A TikTok video went viral showing an Uber Eats worker, Stanley Chen, delivering orders on a black horse in the Australian town of Paddington, a suburb of Sydney. The quirky ...
04/12/2024 - 5:27 am | View Link - Uber Eats launching short-form-video feed to help merchants promote new dishes, company says
Uber Eats will allow the 1 million merchants on its platform to promote new dishes by following in the footsteps of TikTok, YouTube and Snapchat. A new short-form video feed was designed to help ...
04/8/2024 - 11:30 am | View Link - Uber Eats is joining the ranks of apps that want to be just like TikTok
The food delivery platform is launching a new feature that will allow app users to scroll through a feed of food videos from nearby restaurants, Uber Eats confirmed to Business Insider.
04/8/2024 - 9:17 am | View Link - Uber Eats launches a TikTok-like video feed to boost discovery
the company has revamped its Uber Eats Manager software and added personalized growth recommendations. The software is now capable of encouraging restaurants to grow their business by doing things ...
04/8/2024 - 2:00 am | View Link - More
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