Monday, January 20, 2020

Uber has agreed to sell Uber Eats in India to Zomato for 9.99% share in the company; all delivery drivers and basic customer information to be transferred over (New York Times)

New York Times:
Uber has agreed to sell Uber Eats in India to Zomato for 9.99% share in the company; all delivery drivers and basic customer information to be transferred over  —  The ride-hailing giant agreed to sell Uber Eats in India to rival Zomato, continuing its recent efforts to exit money-losing businesses.



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Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 2025; DeepWay reported ~$215M in H1 2025 revenue (Dong Cao/Bloomberg)

Dong Cao / Bloomberg : Chinese autonomous trucking company DeepWay raised ~$173M ahead of its planned Hong Kong IPO, filed in November 20...