INDIA – Zomato, the food delivery company backed by Alibaba’s Ant Financial, has acquired Uber Eats India in an all-stock transaction which will give Uber a 9.99% stake in Zomato. The companies did not disclose […]
INDIA – Zomato, an Indian online food delivery platform, has named Akriti Chopra as the company’s new chief financial officer (CFO). Chopra’s appointment follows the resignation of the Sameer Maheshwary in December last year, having […]
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 […]
INDIA – Online food and grocery retail in India is estimated to hit US$10.5 billion or 1.2% of the overall market by 2023, according to a recent report released by consulting firm Redseer. Redseer forecasts […]
INDIA – Food ordering and delivery platform, Zomato is in the process of raising US$600 million in a fresh funding round to fuel its food delivery and dining out operations. According to an ET Retail […]
INDIA – The Indian restaurant search and discovery service, Zomato has said that it plans to invest US$8.03 million (Rs 56 crore) in setting up 20 more warehouses across the country by 2020. The warehouses […]
INDIA – Food ordering and restaurant discovery platform, Zomato, has sold off its United Arab Emirates (UAE) delivery business to Delivery Hero at a deal worth US$222 million. According to a report by ET Retail, […]
INDIA – Zomato, online food delivery firm in India, said it has delisted over 5000 restaurant partners in February after failing to comply with the Food Safety and Standards Authority of India’s (FSSAI) hygiene standards. […]
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 […]
INDIA – Haryana based food delivery service, Zomato has received US$39.75 million (Rs 284 crore) from US-based Glade Brook Capital Partners in a race to become the leading food and restaurant discovery service in India. […]
