Zomato buys out Urbanspoon to enter US
Bengaluru, Jan 13: Popular restaurant search application provider Zomato Tuesday announced acquiring Urbanspoon, a leading restaurant discovery application, for an unspecified amount to foray into the US and Australia. "The all-cash deal acquisition marks our entry into the US and establishes our presence in Australia and Canada," the start-up firm said in a statement here. Post-acquisition, the Zomato application will provide information on million restaurants across 22 countries, including India, with features such as scanned menus and photos to enable users' rate and review the listed eateries and create a network of foodies for recommending them through Urbanspoon application.