Zomato acquires US-based Urbanspoon for $60 mn

Zomato acquires US-based Urbanspoon for $60 mn

Zomato, the online restaurant guide has acquired Seattle-based food portal Urbanspoon. The deal is estimated at $60 million (Rs 370 crore) all-cash transaction. This is the sixth and biggest acquisition by Zomato.Deepinder Goyal, the chief executive of Zomato finalised the acquisition with digital media company InterActive Corp which owns Urbanspoon. Owned by media … [Read more...]