Tuesday 25 February 2020
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Brecorder News - 1 month ago

Uber cuts losses from Eats business in India with sale to Zomato

Zomato, valued at around $3 billion after raising money from Ant this month, will take over Uber Eats operations from Tuesday. The San Francisco-based firm, which has promised to be profitable at an operational level by the end of 2021. The unit in India made a loss of $61 million for the three months to [ ]


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