If Uber’s global record is anything to go by, it was bound to exit Indian food delivery

Uber Eats’s exit from India may be part of a larger strategy the company has deployed the world over. On Jan. 21, Uber sold its food-delivery business to Gurugram-based Zomato. The “divestiture is similar in nature to some of Uber’s prior deals when the company sold off regional operations to competitors such as Didi, Grab and Yandex in exchange for minority stakes in each business,” American investment bank Cowen said in a note on Jan. 22.