Zomato-Uber Eats deal: Ride hailing major likely to invest up to $200 mn in combined entity
Fp Staff • 5 years agoZomato and UberEats may become the biggest by the number of orders and size ahead of Swiggy, if the merger deal takes place, the report said.
Zomato under controversy for being a 'hypocrite', users give one star rating to app
Tech2 News Staff • 6 years agoPeople are now even boycotting Uber Eats for backing up Zomato in this case.
Ola's parent ANI Technologies suspends Foodpanda's delivery business, terminates contracts of several delivery executives
Fp Staff • 6 years agoIn the last two weeks, Ola has dissolved the ground team completely. The company, however, has retained the core operations team consisting of senior employees
Zomato, Swiggy, Foodpanda, seven others delist over 5,000 restaurants for not having food safety regulator's approval
• 6 years agoThe move by the companies comes after FSSAI asked them in July to stop using edibles supplied by non-licensed operators after it received consumer complaints of sub-standard food being served through these platforms.
Uber hits new milestone, completes 10 billion trips across deliveries and rides
Tech2 News Staff • 7 years agoDespite the struggles, Uber doubled its trip count over a year - from 5 billion to 10 billion.
Uber records a massive loss of $4.46 billion in 2017; the good news is that UberEats and overall revenue is picking up
Tech2 News Staff • 7 years agoA significant chunk of the losses in 2017 come from the Uber-Waymo trial, which was abruptly cut short when both companies reached a settlement
Delhi records highest number of Uber rides taken in a single night, followed by Mumbai
Tech2 News Staff • 7 years agoAll over India, Uber recorded 5,000 riders who used multiple stops and split fare feature. Out of them, 1,400 riders were from Mumbai, only.
Ola to buy Foodpanda: More than taking on UberEATS, it's a hyper growth strategy for Indian co
Sulekha_nair • 7 years agoGiven that Foodpanda has been struggling for a while, the acquisition was waiting to happen.
Ola buying Foodpanda’s India business comes as a big relief for German tech incubator Rocket Internet
Fp Staff • 7 years agoWith the declaration, the domestic ride-haling company Ola is trying to re-enter the online food delivery segment
Ola to invest $200 mn in Foodpanda after buyout; company returns to food delivery to take on UberEATS
• 7 years agoThe deal marks Ola’s return to the food delivery business, which it exited in 2016,