Discussion

• @ubereats_ind @ubereats_ind on x

  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 https://twi…

• @ayresalyssa @ayresalyssa on x

  “exiting the food-delivery business in India could eliminate about $500 million of losses a year.” https://twitter.com/...

• @abhishek Abhishek Bhatnagar on x

  Dear @swiggy_in please stay away from @zomato 😂 we need both of you. ✌️ https://twitter.com/...

• @thewire_in @thewire_in on x

  The all-stock deal is likely to push Zomato to the top position in India's food delivery market, ahead of Swiggy, which counts China's Tencent Holdings as an investor. https://thewire.in/...

• @theswamy Sanjay Swamy on x

  Great example for local founders - just because a heavily capitalized #MNC enters India, doesn't mean you can't stave them off & win - but doesn't mean it will happen all the time. Build great moats early - one that money can't defeat! Congrats @deepigoyal & team @Zomato! https:/…

• @zomatoin Zomato India on x

  It's a big day for us and an even bigger one for Uber Eats India - all of us at Zomato want to thank everyone who has contributed to making Uber Eats India what it is today and especially you, the foodies. We look forward to this new beginning and exciting times, together 🙌 https…

• @sub8u Subrahmanyam Kvj on x

  Hey, we decided to get acquired. So what if we didn't take your permission before sharing data. You as a customer should be happy we deigned to inform you and gave you a...wait for it...DISCOUNT COUPON. https://twitter.com/...

• @vikaspgoel Vikas Goel on x

  Good. Now we need not navigate 3 apps (Uber, Zomato, Swiggy), for 20 minutes, to find Rs.30 off on Dal Makhani and Paneer Lababdaar. https://twitter.com/...

• @sub8u Subrahmanyam Kvj on x

  If food delivery companies get serious about unit economics, who will deliver free lunches? ;-) Zomato to acquire Uber eats India. https://www.nytimes.com/...

• @nytimesbusiness @nytimesbusiness on x

  Uber, a distant No. 3 in food delivery in India, gives up and sells the business to a local rival, Zomato. It's part of the company's efforts to exit money-losing businesses. https://www.nytimes.com/...

• @vindugoel Vindu Goel on x

  Ceding defeat in Indian food delivery, Uber sells business to Zomato. https://www.nytimes.com/... via @NYTimes

• @vindugoel Vindu Goel on x

  By selling its Eats business in India, Uber gets about 10 percent of Zomato, a fast-growing food delivery and restaurant review site. https://www.nytimes.com/... via @NYTimes

• @anmolm_ Anmol Maini on x

  Big news! Uber now owns ~10% of Zomato Will be interesting to see @Zomato (+UE) vs @swiggy_in in 2020. Zomato: - Rev: ~$206M - Losses: ~$294M - Orders: 1.25M daily orders (Nov '19) + 600k (UE peak) Swiggy: - Rev: ~$158M - Losses: ~$332M - Orders: 1.4M daily orders (Nov '19) https…

• @reutersindia @reutersindia on x

  Uber has sold its online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial, limiting its exposure to a crowded market where it has struggled to grow https://in.reuters.com/... by @ramavenkat0607 http…