India’s online restaurant listing company Zomato entered the U.S Market through the acquisition of Urbanspoon.com owned by IAC the Internet company focused on the areas of search, applications, online dating, media and ecommerce. The deal was an all-cash transaction for $52 million. Most of Urbanspoon’s team will be joining Zomato and...
India’s Zomato Acquires Italy’s Online Restaurant Listing Services Cibando
Restaurant and event-listing site Zomato.com based in India, announced its fifth acquisition – Cibando, the Italy-based web and mobile restaurant search services startup – following those of MenuMania in New Zealand, Lunchtime in the Czech Republic, Obedovat in Slovakia, and Gastronauci in Poland. The company is currently present in over...