The Startup
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The Startup

UberEats Will Leave India Soon

India has given Uber cash diarrhea

The conjoined laddus of doom. Uber loses money in India, on Eats, and most of all on India Eats

Update: As of January 20th, 2020, UberEats has left India. The business was sold to Zomato in an all-stock deal.

Like a hostage situation, Dara Khosrowshahi is rapidly blinking in earnings calls, signaling that he’ll pull Eats out of India soon. If you want to say HELP ME in investor-speak, here’s how:

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Indrajit Samarajiva is a writer living in Colombo, Sri Lanka. Sign up for my newsletter at www.indi.ca, and you can reach me at indi@indi.ca.

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