Zomato eyes UberEats business in India to strengthen footprint ahead of major rivals

INDIA – Zomato is said to have entered negotiations with UberEats seeking to acquire its online food delivery business in India, in a deal valued at about US$500 million, reports The Times of India. While […]

Uber to acquire Latin American online grocery delivery service Cornershop

CHILE – Uber Technologies has announced that it has agreed to acquire a majority stake in a Latin American online grocery provider Cornershop which has operation in Mexico, Chile and Peru. Details of the agreement […]

UberEats in talks to sell India business to delivery firms Zomato and Swiggy

INDIA – Uber India is set to sell its two-year-old online food delivery business, UberEats India and is eyeing major players in the sector Zomato and Swiggy as it seeks to cut down losses in […]

Food delivery firms Swiggy, Zomato, UberEats delists 10,500 ‘unsafe’ restaurants

INDIA- Food delivery and ecommerce platforms Zomato, Swiggy, UberEats and Food Panda have abandoned and delisted 10,500 restaurants after failing to meet the food safety regulator’s requirements. According to ET Retail, the Food Safety and […]

FSSAI directs Swiggy, Zomato, UberEats to delist unlicensed eateries

INDIA – The Food Safety and Standards Authority of India (FSSAI) has directed food firms Swiggy, UberEats, Zomato to remove unregistered restaurants from their platforms, believed to supply sub-standard food. FSSAI has asked ten food […]

UberEats acquires South African restaurant tech start up orderTalk

SOUTH AFRICA – UberEats, the American online food ordering and delivery platform has announced that it has acquired the South African restaurant technology start up orderTalk at an undisclosed sum. orderTalk Inc. owned by venture […]