Uber all set to sell UberEats’ India business to Zomato

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Uber is in advanced stages of talks to sell its food delivery service UberEats’ India business to local rival Zomato, as the American ride-hailing giant looks to cut its spending globally, three people familiar with the matter told TechCrunch. The deal values UberEats’ India business at around $400 million, one of the sources said. As …

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