Swiggy all set to gobble Uber Eats in a share-swap deal



Swiggy, the food-tech startup that’s now a unicorn, is all set to accumulate Uber Eats, the meals supply enterprise by the ride-hailing firm Uber. The deal, if finalised, would give the food-delivery agency a stronger hand to tackle its competitor Zomato. In keeping with a report within the Financial Occasions, Swiggy‘s take care of the ride-hailing agency is in ultimate negotiation spherical and is predicted to shut by subsequent month. In keeping with reviews, this is able to be mainly a share deal, which can give Uber 10 per cent of stake in Swiggy.

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