Zomato may sell UAE biz to Delivery Hero at â¹1,780cr: Report
Gurugram-based foodtech startup Zomato is reportedly in talks with German foodtech major Delivery Hero to sell its UAE business for $200-250 million (nearly â¹1,780 crore). The report said Zomato and Delivery Hero account for 35-40% of UAE's market share and the deal would give Delivery Hero "significant market leadership" on completion. Zomato's average UAE orders are reportedly higher than India.