iCloud News: Daily Crunch - Uber is selling its Uber Eats biz in India

Monday, December 16, 2019

Daily Crunch - Uber is selling its Uber Eats biz in India

Monday, December 16, 2019 • By Anthony Ha

Happy Monday

Uber and Zomato are nearing a deal in India, Cisco acquires Exablaze and Spotify really wants you to listen to podcasts. Here’s your Daily Crunch for December 16, 2019.

Uber all set to sell Uber Eats' India business to Zomato

Uber is in advanced stages of talks to sell its food delivery service (Uber Eats India) to local rival Zomato as the American ride-hailing giant looks to cut its global spending, according to sources.

If the deal goes through, it would mark the end of a year-long struggle for Uber to unload the Uber Eats India business.

Uber all set to sell Uber Eats' India business to Zomato image

Image Credits: CHANDAN KHANNA / AFP / Getty Images

What tools did startups use to get work done in Q3 2019?

Cisco acquires ultra-low latency networking specialist Exablaze

Exablaze focuses on solutions for businesses that need ultra-low latency networking, with a special emphasis on high-frequency trading. Cisco plans to integrate Exablaze's technology into its own product portfolio.

Spotify spent a lot of money on podcasting, so it wants you to start listening, please

Spotify spent a lot of money on podcasts. Like, a lot a lot. So the company is introducing a new button to help kickstart the habit. The idea is to pick topics that will allow Spotify to recommend podcasts that you might want to listen to.

Licious raises $30M to grow its meat and seafood e-commerce platform in India

Licious operates an e-commerce platform to sell meat and seafood in seven cities in India — Bengaluru, NCR, Hyderabad, Chandigarh, Panchkula, Mohali, Mumbai, Pune and Chennai.

Apple partners with ABC on 2020 presidential coverage in the Apple News app

The efforts will kick off with the Democratic primary debate on February 7, 2020, in New Hampshire, and will feature ABC News videos, live streams, plus FiveThirtyEight polling data, infographics and analysis during key moments in the 2020 election.

Image Credits: Jon S / Flickr under a CC BY 2.0 license.

When and how to build out your data science team

Contrary to popular belief, successfully implementing AI to drive impactful decisions requires a diverse team with expertise in several skill sets. (Extra Crunch membership required.)

This week's TechCrunch podcasts

We were all pretty busy last week with Disrupt Berlin, so it’s a light week for TechCrunch podcasts — we don’t have regular Equity or Original Content episodes, but Equity did publish an interview with Chris Mayo, the head of primary markets at the London Stock Exchange, with take a deep dive on direct listings.