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Uber sells food delivery business in India to Zomato

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Uber sells food delivery business in India to Zomato

Uber said on Tuesday it has sold its food delivery business, Uber Eats, in India to local rival Zomato as the American ride-hailing giant races to shed lossmaking operations to become profitable by next year.
As part of the deal, Uber would own 9.99% of Zoma…
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