Uber is to exit Zomato on Wednesday and puts the entire 7.8% stake on the block


Uber is to exit Zomato on Wednesday and puts the entire 7.8% stake on the block

 

According to a survey and people in the know, Uber has recently decided to stand its entire 7.8 percent per stake in restaurant aggregator Zomato on the block. The ride is also hailing for the giant that obtained this stake when Uber Eats' India Business was acquired by just food delivery major in January 2020 as in a non-cash deal. The deal then was valued at Rs 1,376 crore.

 

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