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Uber in Talks to Sell India Food-Delivery Business

(Bloomberg) — Less than two years after Uber Technologies Inc. entered India’s competitive food-delivery business, it’s in talks to sell its Uber Eats operations in the country to rival Swiggy, according to a person familiar with the negotiations. The talks between Uber and Bangalore-based Bundl Technologies Pvt, which owns the Swiggy brand, are progressing and a deal could be sealed within the coming weeks, said the person, who is privy to the discussions but asked not to be identified because the negotiations are confidential. Swiggy spokesman said by email that Swiggy doesn’t comment on “market rumors or speculation,” while […]

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