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    Zomato Buys Urbanspoon

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    Prateek Logani
    Zomato, an Indian online restaurant guide and food ordering company, acquired Urbanspoon, a US-based restaurant discovery guide, for $52 million. The acquisition allows Zomato to enter the US, Canada, and Australian markets and leverage Urbanspoon's local insight and experience. It also helps Zomato expand overseas and outcompete rivals by building the largest online restaurant resource globally. The acquisition is expected to help Zomato become a global consumer brand, effectively use its recent funding, and expand its operations to 50 more countries.

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    Zomato Buys Urbanspoon

    Uploaded by

    Prateek Logani
    166 views12 pages
    Zomato, an Indian online restaurant guide and food ordering company, acquired Urbanspoon, a US-based restaurant discovery guide, for $52 million. The acquisition allows Zomato to enter the US, Canada, and Australian markets and leverage Urbanspoon's local insight and experience. It also helps Zomato expand overseas and outcompete rivals by building the largest online restaurant resource globally. The acquisition is expected to help Zomato become a global consumer brand, effectively use its recent funding, and expand its operations to 50 more countries.

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    Zomato buys Urbanspoon

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    Zomato buys Urbanspoon

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    Zomato, an Indian online restaurant guide and food ordering company, acquired Urbanspoon, a US-based restaurant discovery guide, for $52 million. The acquisition allows Zomato to enter the US, Canada, and Australian markets and leverage Urbanspoon's local insight and experience. It also helps Zomato expand overseas and outcompete rivals by building the largest online restaurant resource globally. The acquisition is expected to help Zomato become a global consumer brand, effectively use its recent funding, and expand its operations to 50 more countries.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    166 views12 pages

    Zomato Buys Urbanspoon

    Uploaded by

    Prateek Logani
    Zomato, an Indian online restaurant guide and food ordering company, acquired Urbanspoon, a US-based restaurant discovery guide, for $52 million. The acquisition allows Zomato to enter the US, Canada, and Australian markets and leverage Urbanspoon's local insight and experience. It also helps Zomato expand overseas and outcompete rivals by building the largest online restaurant resource globally. The acquisition is expected to help Zomato become a global consumer brand, effectively use its recent funding, and expand its operations to 50 more countries.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 12

    Zomato Buys Urbanspoon

    For $52 Million To Enter US


    Source : Times Of India
    Dated 12th January 2015
    by
    HARI HARA SUDHAN R

    Importance & Relevance


    Indian Company Acquiring Foreign
    company
    $ 52 Million
    e-Restaurant Discovery Guide
    Eating Out : Consumer Trend

    Contents
    Company profile
    video
    Why this acquisition
    Analysis
    chart
    SWOT analysis
    conclusion

    Company profile
    ZOMATO

    URBANSPO
    ON

    Founded on

    2008

    2006

    Founded By

    Patrick
    ODonnell

    Headquarters

    Deepinder
    Goyal
    New Delhi

    Employers

    11000

    2500

    Serves

    22 countries

    7 countries

    Washington

    Video

    Why This Acquisition?


    To Enter US, Canada, Australia
    To Leverage Local Insight & Experience
    To Expand Overseas By This Fiscal
    To Outsmart Competition
    To Build Largest Resource

    Analysis
    Increasing India's value to the global
    level
    Creating large chain of e-restaurant
    Service
    Creating employment opportunities
    Attracting global customers with
    providing local taste

    SWOT Analysis

    conclusion
    To Be A Global Consumer Brand
    To Effectively Use Latest Funding
    To list The Company On Fortune 500
    To Expand To 50 More Countries

    reference
    www.indiatvnews.com
    vccircle.com

    Thank you

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