Ola denies suspending food delivery business of Foodpanda
Updated : May 22, 2019 05:06 PM IST
Earlier, a Mint report said that cab aggregator Ola, the owner of Foodpanda, has suspended its food delivery business.
As per the report, the move came as the company is struggling to keep the business afloat amid stiff competition from Zomato, Swiggy and UberEats.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more