Zomato

Uber Sells India Uber Eats To Zomato For Cash, Stake In Business

Uber Sells India Uber Eats To Zomato For Cash, Stake In Business
Uber Sells India Uber Eats To Zomato For Cash, Stake In Business
January 21, 2020  |  Delivery

Uber is selling its money-losing food delivery service in India to rival Zomato for a 9.99 percent business stake, according to reports on Tuesday (Jan....

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Zomato Notches $150M In Funding From Ant Financial
Zomato Notches $150M In Funding From Ant Financial
January 10, 2020  |  Retail

As part of a fresh raise from a current investor, India’s Zomato has notched $150 million in funding. The total valuation of the FoodTech unicorn...

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Top News In Payments: Antitrust Probe For Google Shopping Comparison Tool; Visa Warns Of Rise in Gas Station POS Cyberattacks
Top News In Payments: Antitrust Probe For Google Shopping Comparison Tool; Visa Warns Of Rise...
December 16, 2019  |  News

In today’s top news in payments, the U.S. Department of Justice is expanding its antitrust probe to include Google’s online shopping comparison tool, and Visa...

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Uber Negotiating With India Rival Zomato To Unload Eats Biz
Uber Negotiating With India Rival Zomato To Unload Eats Biz
December 16, 2019  |  Partnerships

Uber could invest $100-200 million in competitor Zomato as part of a deal to unload its food delivery arm Uber Eats, Economic Times (ET) reported...

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Ant Financial To Invest $600M In Zomato
Ant Financial To Invest $600M In Zomato
October 04, 2019  |  Investments

Zomato is in talks with Chinese payments giant Ant Financial to lead a $600 million funding round for the delivery company, according to a report...

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Indian Delivery Startup Dunzo Notches $45M
Indian Delivery Startup Dunzo Notches $45M
October 04, 2019  |  Investments

Dunzo, an Indian delivery service that differentiates itself with fast delivery times and a business model that delivers practically anything, has raised $45 million in...

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Amazon India Lowers Commissions To Undercut Food Delivery Rivals
Amazon India Lowers Commissions To Undercut Food Delivery Rivals
September 06, 2019  |  Cross-border Payments

In a move that could spark strong competition in the food delivery space, Amazon India is said to be promising commissions that will be a...

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Top News In Payments: Amadeus Teams With Visa’s CyberSource; CitiConnect Processes Over 157M API Calls
Top News In Payments: Amadeus Teams With Visa’s CyberSource; CitiConnect Processes Over 157M API Calls
August 30, 2019  |  News

Today in the payments news roundup, travel technology firm Amadeus is teaming with Visa’s CyberSource to bolster anti-fraud measures for the industry. Also, Netflix turned 22...

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