Zomato in advanced talks to buy UberEats

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New Delhi: Uber has reportedly entered advanced stages of talks to sell UberEat’s India business to rival Zomato by the end of this year.

As an event in Delhi earlier this month, Zomato Founder and CEO Deepinder Goyal said the company is aiming to raise up to $600 million in a new funding round.

Zomato is currently delivering 1.3 million orders a day from 150,000 restaurants across India at more than 10 orders per restaurant per day.

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