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Uber sells its India food delivery business to Zomato in all-stock deal

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Uber sells its India food delivery business to Zomato in all-stock deal The deal is applicable only in India and Uber Eats will continue to operate in Bangladesh and Sri Lanka Current Affairs :Uber on Tuesday declared the offer of its nourishment conveyance business in India to Zomato in an all-stock arrangement. Uber will get a 9.9 percent stake in Zomato as a feature of the arrangement whose size has not been uncovered. The arrangement for Uber Eats, which works in 41 urban areas, was marked at 3 am, and its clients will be moved to the Zomato application from 7 am. Around 245 Uber Eats representatives will be influenced by the arrangement. In any case, sources in Uber India state they will be in the compensation moves till March 31 and that the organization is bending over backward to assimilate some of them and offer help to the rest in securing positions. The arrangement is material just in India and Uber Eats will keep on working in Bangladesh and Sri Lanka. As p...

48% Indians prefer food delivery, 34% want to dine out: Uber Eats survey

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48% Indians prefer food delivery, 34% want to dine out: Uber Eats survey According to the survey, 34% Indians want to dine out while 18 per cent prefer take-away Current Affairs News :More Indians want to arrange nourishment from outside than eating out, as indicated by an overview appointed by Uber Eats. “48 percent of Indians lean toward requesting in, with comfort and breaking tedious schedules being the greatest driving variable,” the ‘Nourishment Moods of India’ look into report said. The overview was directed through online studies and meetings by Ipsos in the interest of Uber Eats in 13 urban areas crosswise over India between September 15 – October 15, 2019 among 4,000 shoppers matured 15-50 years who expend out of home nourishment in any event once per month. As indicated by the review, 34 percent Indians need to eat out while 18 percent lean toward remove. Out of the 48 percent who like to purchase outside nourishment, 76 percent need to have it in their ho...