Home Trending Zomato in talks to buy out Uber Eats delivery service

Zomato in talks to buy out Uber Eats delivery service

The Indian food delivery space is indeed a hotly contested one. With local brands like Swiggy and Zomato going up against global giants like Uber Eats and Deliveroo. This battle is one which is sure to go on for years and years to come, but it seems one major player in these is stepping down from their place. To find out more about this industry, and what is happening exactly with the Uber Eats brand, read our article below, and find out everything we know so far.

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What is Zomato?

Uber Eats
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Zomato is the largest food delivery service in India. This statement isn’t official, but pretty much informally rings true for both their coverage, variety, spread, and convenience. While Swiggy is a close second, and is always a big threat to Zomato, chances are, if you’re hungry on a Friday night, this app is the first one you’ll be checking out to scout what all is available quickly, and readily. Zomato also recently opened “gold” which is a membership service, which in essence, allows one to avail discounts, promotions, and more, on both delivery, and a la carte dining. This company has done wonders, and also has opened up in various foreign countries, such as United Arab Emirates. To find it’s link to Uber Eats, read below.

What is Uber Eats?

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Uber Eats is fairly easy to understand. Uber is the #1 cab company in the world, and it took the world by storm by linking technology and transport very intelligently into one, cohesive product. Eats stemmed from Uber already having so many drivers, that it just made sense to open up a food delivery service. Uber Eats has been a huge success for foreign countries such as Singapore, United Kingdom, and United States. However, Eats has a lot of competition in India, so when Uber opened up this service, they probably didn’t expect the amount of retaliation it got from more local competitors. Word on the street is that Eats is going to be exiting the Indian market very, very soon, read below to see what exactly will happen to this wing of the Uber business.

What is the rumour?

In essence, the rumour going around the block is that Uber Eats is not doing too well in India. Honestly, as someone who lives here, I can attest to the fact that Uber Eats does not have the same amount of coverage or variety as something like Swiggy, or Zomato, with the main benefit being it’s affiliation to the famous Uber. So, the scene seems to be that since Uber has already set up all the distribution and channels for Eats, instead of simply shutting down shop, they will be selling off the Indian leg of their business to another company. Preliminary talks tend to be more towards Zomato, since they have expressed great interest in this brand as a whole.

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