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Uber said on Tuesday it has sold its food delivery business, UberEats, in India to local rival Zomato as the American ride-hailing giant continues to shed lossmaking operations and become profitable by next year. As part of the deal, Uber would own 9.99% of Z…

Uber sells food delivery business in India to Zomato

Uber said on Tuesday it has sold its food delivery business, UberEats, in India to local rival Zomato as the American ride-hailing giant continues to shed lossmaking operations and become profitable by next year. As part of the deal, Uber would own 9.99% of … [+444 chars]

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