Zomato

Latest PYMNTS Provider Ranking Finds Aggregators Trading Places
Latest PYMNTS Provider Ranking Finds Aggregators Trading Places
April 14, 2020  |  Delivery

It’s a good thing that mobile order-ahead (MOA), order-to-eat (OTE) and the delivery network connecting it all were in place and scaling when a virus...

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Zomato Pays $206M For Uber Eats India, Filing Says
Zomato Pays $206M For Uber Eats India, Filing Says
March 03, 2020  |  Delivery

Uber said that it has sold its food delivery operation in India to Zomato, a local competitor, for $206 million, according to TechCrunch. The ridesharing...

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Amazon To Enter India’s Food Delivery Space
Amazon To Enter India’s Food Delivery Space
February 28, 2020  |  Delivery

In a move that could interrupt the duopoly of Zomato and Swiggy, competition in the food delivery space in India could intensify as Amazon India...

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Swiggy Gets $113M In Funding Round
Swiggy Gets $113M In Funding Round
February 19, 2020  |  Investments

India’s largest food delivery company, Swiggy, has raised $113 million in a Series I funding round, according to a report by TechCrunch. The funding round...

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Uber CEO Says Firm Leads In Race To Ridesharing Profitability
Uber CEO Says Firm Leads In Race To Ridesharing Profitability
January 22, 2020  |  Ridesharing

Uber CEO Dara Khosrowshahi said his company has the best chance of being profitable out of all of the ride-hailing competitors out there, according to...

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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 / Acquisitions

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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