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Monday, January 20, 2020

Uber sells Indian food delivery arm to Ant Financial-backed Zomato

Uber has sold its online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China's Ant Financial, limiting its exposure to a crowded market where it has struggled to grow.


from Reuters: Business News https://ift.tt/2umcTxq

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Are US tariffs bringing manufacturing back to Canada?

Canadian firms are having a growing conversation about the need for more homegrown production. from BBC News https://ift.tt/uvTAsct