Showing posts with label ubereats. Show all posts
Showing posts with label ubereats. Show all posts

Monday 25 November 2019

Zomato plans to take over ubereats for $500 million



Zomato plans to take over ubereats for $500 million but the final deal for UberEats has not been fixed.

In India UberEats serves about 2, 50,000-3, 00,000 orders in a day while Zomato and Swiggy get around 2- 2.5 million orders in a day. Average order value on UberEats is significantly lower at 2 dollars per order as compared to Zomato and Swiggy’s 3-4 dollars.

It is an attractive deal for Zomato as it would help to strengthen its market presence in India and also gain significant advantage over their competitor Swiggy.


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