Uber said to be in talks to offload India food-delivery business

Bradley Prior

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Uber said to be in talks to offload India food-delivery business

Less than two years after Uber Technologies Inc. entered India’s competitive food-delivery business, it’s in talks to sell its Uber Eats operations in the country to rival Swiggy, according to a person familiar with the negotiations.

The talks between Uber and Bangalore-based Bundl Technologies Pvt, which owns the Swiggy brand, are progressing and a deal could be sealed within the coming weeks, said the person, who is privy to the discussions but asked not to be identified because the negotiations are confidential. [Bloomberg]
 
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