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Zomato acquires Uber Eats India

Deepinder Goyal Twitter page

Zomato acquires Uber Eats India

India Blooms News Service | @indiablooms | 21 Jan 2020, 10:03 am

New Delhi/IBNS: Uber Eats on Tuesday announced that food delivery and restaurant discovery startup Zomato has acquired its Indian business.

Uber Eats will no more be available in India.

"We entered food delivery in India in 2017 and today is when our journey takes a different route. Zomato has acquired Uber Eats in India and we'll no longer be available here with immediate effect. We wish all our users more good times with great food on the road ahead," Uber Eats India tweeted.

Uber Eats was launched in India in 2017.

Deepinder Goyal, Founder and CEO, Zomato, commented: “We are proud to have pioneered restaurant discovery and to have created a leading food delivery business across more than 500 cities in India. This acquisition significantly strengthens our position in the category. ”

Dara Khosrowshahi, CEO of Uber, said: “Our Uber Eats team in India has achieved an incredible amount over the last two years, and I couldn’t be prouder of their ingenuity and dedication. India remains an exceptionally important market to Uber and we will continue to invest in growing our local Rides business, which is already the clear category leader. We have been very impressed by Zomato’s ability to grow rapidly in a capital-efficient manner and we wish them continued success. ” 

Zomato is a restaurant review, restaurant discovery, food delivery and dining out transactions platform providing in-depth information for over 1.5 million restaurants across 24 countries and serves more than 70 million users every month.

Zomato acquires Uber Eats India

India Blooms News Service
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