UberEats Reportedly Held Talks with Swiggy for Acquisition

UberEATS, the food delivery unit of Uber, had held talks with Nasper-backed Indian food delivery startup, Swiggy, a few months ago, reported Axios. However, the acquisition could not materialize and now Swiggy is reportedly closing a fresh funding round from Chinese investor and WeChat owner Tencent.

An another report by Bloomberg has suggested that Uber is in early talks to buy UK-based food-delivery company Deliveroo for several billion dollars. Deliveroo is an Unicorn food delivery startup based out of London and is UK’s biggest online food delivery firm valued at $1.1 billion.

In January this year, the Deliveroo was said to be entering Indian market though no substabtial development happened since then.

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