Free Subscription

  • Access 15 free news articles each month


Try one month for $4
  • Unlimited access to news,insights and opinions
  • Quarterly and weekly magazines
  • Independent research reports and forecasts
  • Quarterly webinars with industry experts
  • Q&A with retail leaders
  • Career advice
  • 10% discount on events

Zomato takes over Uber Eats in India

Local food-delivery app Zomato has purchased Uber Eats in India.

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

The purchase was made via an all-stock transaction, which awards Uber 9.99 per cent ownership of Zomato.

“India remains an exceptionally important market to Uber and we will continue to invest in growing our local Uber Rides business, which is already the clear category leader,” said Uber CEO Dara Khosrowshahi. “We have been very impressed by Zomato’s ability to grow rapidly in a capital-efficient manner and we wish them continued success.”

Uber Eats in India has discontinued operations and is now directing restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform.

You have 7 free articles.

Masterclasses are for professionals only

Only $4 USD p/m for first 3 months
Become a Professional Already a professional? Login
  • Daily exclusive Members Only content straight to your inbox
  • Access to exclusive Retail Week events including all 4 Masterclasses 28 February - 3 March
  • Retail insights and intelligence
  • On-demand videos with industry professionals
  • Weekly careers advice specific to retailers
  • Independent research reports and forecasts
  • Q&A with industry experts
  • Content, content, content! Weekly and quarterly magazines