Uber Technologies Inc. will soon launch food delivery service UberEATS in India, the company said in a blog post on Monday. Uber’s entry into the food delivery segment comes at a time when most food start-ups are struggling with poor unit economics, while some have shut shop because of a dearth of funds. “I am incredibly excited about bringing UberEATS to India. This is a significant investment, it spans multiple cities and regions, and it has the potential to change the food industry,” Allen Penn, the Asia-Pacific head of UberEATS, said in the blog post.
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