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• The New York Times reports this morning that "Uber is in advanced discussions to sell its food-delivery business in India," as CEO Dara Khosrowshahi looks to get rid of money-losing businesses. Uber, the story says has to "prove to investors that the company can turn a profit. Investors have agitated both in public and behind the scenes for Uber to clean up its balance sheet since it went public earlier this year."

The story says that Uber "is nearing a deal to sell its Uber Eats service in India to Zomato, an Indian food-delivery service." A deal could be worth as much as $400 million to Uber.
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