Zomato buys Uber's Indian food delivery business

Zomato on Tuesday said it has acquired the Indian business of Uber Eats in an all-stock deal that will give Uber 9.99 per cent stake in the Indian food delivery and restaurant discovery platform. Uber Eats, which entered India in 2017, has about 26,000 restuarants listed on its platform from 41 cities.

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