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Uber Eats’ global commission takes a hit

Uber Eats made it known over an earnings call for Q1 2019 with analysts that the company’s take rate, or the commission/fee made from orders received by the company, reduced by 4 per...

Zomato’s UAE unit sold to Germany’s Delivery Hero for $172 million

Zomato Media, the parent company of the restaurant finding and food ordering application – Zomato, sold its UAE business to Delivery Hero, a food delivery...

Swiggy could munch into Uber Eats in share-swap deal, Zomato salivates

A deal that could lead to Swiggy wearing the crown of the food-delivery business in India, according to reports, Swiggy is eyeing an acquisition...

Swiggy gets funding of $1 billion; valuation increases to $3.3 billion

Swiggy, a leading food-delivery platform, recently announced that it has received funding of $1 billion in a new funding round that was led by...

Zomato purchases TechEagle for an undisclosed amount

Food delivery app, Zomato, has purchased TechEagle Innovations which is a Lucknow-based startup for an undisclosed amount. TechEagle works exclusively on drones, and Zomato...

FoodPanda acquires Holachef, plans to enter cloud kitchen space

The Ola-owned food ordering and delivery application, FoodPanda, acquired the Mumbai-based Holachef Hospitality for an undisclosed amount, according to a statement made by the...

Zomato acquires TongueStun in $18 million deal

In almost a year since foodtech Zomato acquired Runnr, a hyperlocal logistics startup, for their logistics platform and a workforce of employees, Zomato has...

Former COO of MakeMyTrip now CEO of Zomato

The food delivery and restaurant finder application, Zomato, hired Mohit Gupta as the Chief Executive Officer (CEO) of its online food delivery division. Gupta...

Swiggy raises $210 million, catapults into unicorn club

Swiggy, the Bengaluru-based food delivery application raised funds equal to $210 million in a recent funding round led by Russian venture capitalist Yuri Milner’s...

India’s uberhot food-delivery market sees entry of UberEATS

India’s food-delivery market has a new entrant, with UberEATS all set to compete against the likes of Swiggy, FoodPanda, and Zomato. A product of...