Uber Eats likely to exit India amid deal with Zomato

MUMBAI (NewsRise) -- Uber Technologies is in talks with India's Zomato to sell its local food delivery arm Uber Eats and invest up to $200 million in Zomato, a person familiar with the matter said, as the U.S. ride-hailing company seeks to retreat from the South Asian nation's hypercompetitive food delivery market.