Zomato, the restaurant discovery site backed by Sequoia, has bought Urbanspoon from IAC, the latest in a string of acquisitions around the world. Terms of the deal were undisclosed, but sources tell TechCrunch it was between $50 million to $60 million. This marks the entrance of Zomato’s entrance into the U.S. market, and is also notable because it is one of the few instances of an… Read MoreMonday, January 12, 2015
Restaurant Discovery Site Zomato Buys IAC’s Urbanspoon, Enters The U.S. Market
Zomato, the restaurant discovery site backed by Sequoia, has bought Urbanspoon from IAC, the latest in a string of acquisitions around the world. Terms of the deal were undisclosed, but sources tell TechCrunch it was between $50 million to $60 million. This marks the entrance of Zomato’s entrance into the U.S. market, and is also notable because it is one of the few instances of an… Read More
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