Uber Eats has shut down its presence in India and Zomato will now serve its usersThe week started with one of the biggest acquisitions in the Indian startup ecosystem, as Zomato acquired Uber Eats’ India business.
However, Uber Eats will continue to remain a separate brand.
According to some investors, Zomato would gain access to the southern India market, which is a good space for Uber Eats.
Related Article: Zomato Acquires Uber Eats Food Delivery Business In IndiaUber’s India food delivery business saw a decline which is said to have negatively impacted the global numbers.
In a recent analysis, Inc42 had noted that Uber Eats had multiple reasons to be the distant third player in the food delivery space. | To read full story, visit https://startuparound.com/read/1579743012.6627882/Zomato-Swiggy-Duopoly?-The-Fallout-From-The-Uber-Eats-Acquisition?ref=audio_experience