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UBER FOODTECH DIVEST
Russia's Yandex buys Uber's stake in taxi JV for $703 millionIn 2021, Uber divested its stake in a foodtech and delivery joint venture with Yandex. The companies joined forces in Russia in 2017 to com...- Alibaba Group to sell 26.29 crore Zomato shares on November 30The sale will take place at an offer floor price of Rs 60 per share – a 5.59% discount to Tuesday’s closing price of Rs 63.55 on BSE.
- Flipkart to shut Smart Fulfillment; deals return as restaurants recoverFlipkart said the move would reduce costs for sellers, but some aren’t so sure.
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