What’s at Stake for Hedge Funds in the Food Delivery Wars

Morgan Stanley thinks Uber could be a winner and GrubHub’s stock could go down.

Andrew Harrer/Bloomberg

Andrew Harrer/Bloomberg

The food fight is intensifying in the delivery services industry.

Uber Technologies is in talks to sell its Uber Eats business in India to Zomato, a food-delivery services based in the country, according to a New York Times report Monday. Delivery Hero announced December 13 that it’s buying South Korean delivery app company Woowa Brothers for $4 billion.

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