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Uber was bound to exit Indian food delivery. Uber Eats’s exit is similar to the strategy the ride-hailing giant has deployed the world over—selling off regional operations to competitors such as China’s Didi, Russia’s Yandex and Singapore’s Grab for minority stakes in each business.

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  • With Uber's exit from food business, it is to be seen who reigns supreme in a business, which continues to see companies make heavy losses on every order. Players in the sector are far from reaching profitability. A competitor less may not see others cover more ground quickly. Food business is a hard

    With Uber's exit from food business, it is to be seen who reigns supreme in a business, which continues to see companies make heavy losses on every order. Players in the sector are far from reaching profitability. A competitor less may not see others cover more ground quickly. Food business is a hard space to be in and requires scale and high volume for any player to make money.

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