Similar Stories to Uber Rival Ola Buys Foodpanda India To Get Into Food Deliveries on Bing News

Ola, the Uber rival in India, is entering the food delivery space after it announced a deal to acquire Foodpanda’s India business from its parent company DeliveryHero. The deal will see Ola scoop up the Foodpanda India business with DeliveryHero taking an undisclosed amount of Ola stock in exchange. Undisclosed all-stock deals are usually indicative of a willingness to sell, and we… Read More

Topics:  uber   foodpanda s india   ola   foodpanda india   read more   india   deliveryhero   undisclosed   business   deal   
BING NEWS:
  • Uber strikes EV deal with Chinese Tesla rival BYD
    Uber has announced a deal which aims to bring 100,000 electric vehicles (EVs) made by China's BYD to the ride-hailing giant's global fleet of cars. The two companies say they will offer Uber ...
    08/1/2024 - 7:23 pm | View Link
  • Uber sells its India food delivery business to Zomato
    Uber has sold its food delivery service in India to local rival Zomato, the firms have announced. Uber will get a 9.99% stake in the Indian start-up, helping it maintain its presence in the sector.
    01/20/2020 - 11:00 am | View Link
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