https://thenextweb.com/in/2019/12/16/ubereats-india-business-is-reportedly-being-sold-to-its-local-rival/

Uber is close to selling the India-based arm of its UberEats food delivery service to Zomato, a local competitor in the crowded space, reports TechCrunch’s Manish Singh.

According to the outlet’s sources, Uber is in advanced stages of talks to close the deal; UberEats is said to be valued at roughly $400 million, and its parent company will invest between $150 million and $200 million for a stake in Zomato.