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. The U.S. firm, which reported a net loss of $2.6 billion for […]...
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Uber exits Zomato investment for over $390 million
techcrunch.com