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Zomato Acquires Uber In All Stock Deal
Zomato, the online food delivery company, in an all stock deal has acquired Uber Eats. And with the deal, Uber Technology has 10% stake in Zomato. InfoEdge which commands as much as 23% stake in Zomato in a regulatory filing said, ...

No Surge Pricing By Ola, Uber During Delhi Odd-Even Scheme
Cab aggregating companies Ola and Uber said that they will not be keeping the "surge pricing" option activated during the 12-day odd-even vehicle driving scheme in Delhi, that will begin on 4 November. "Continuing our efforts to provide commuters an optimum ...
Uber And Ola Services Banned In Bengaluru
On Friday the transport department of Karnataka has banned the ride-sharing services of most popular cab aggregators including Ola and Uber. The move is likely to affect several commuters who depend heavily on these carpooling services for their transportation needs. ...
Uber Partners With IOC To Offer Discounts On Fuel To Drivers
Uber India, on Thursday, said that it has partnered with state-owned Indian Oil Corporation (IOC) to offer discounts on petrol, diesel and CNG sold at IOC's fuel stations. It said that 12,000 Uber drivers have already registered for the programme. The ...
Ola, Uber Cab Aggregators To Merge
SoftBank, a Japanese conglomerate company that owns majority stake in home-grown Ola and Uber is mulling consolidation of the two cab-hailing companies in India to cut down on cost. SoftBank is on a consolidation spree in the business segment all ...
Uber Exits South East Asian Market
Uber sold its Southeast Asian business to rival Grab today, ending a bruising battle between the ride-hailing behemoths and marking the US firm's latest retreat from international markets. Singapore-based Grab is taking over the ride-sharing and food delivery operations of Uber ...
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