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Uber’s ride with Indian food delivery firm Zomato comes to an end

Uber’s ride with Indian food delivery firm Zomato comes to an end

TechCrunch Industry News · TechCrunch

August 3, 20222m 59s

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Show Notes

Uber’s ride with Zomato has concluded. The ride-hailing firm sold its 7.8% stake of the lossmaking Indian food delivery firm on Wednesday for over $390 million, a person familiar with the matter said, becoming the latest large institutional investor to offload its shares.

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