Reported about 2 months ago
Zomato, the Indian food delivery giant, is shutting down its inter-city food delivery service, Intercity Legends, due to a lack of market fit after two years of operation. CEO Deepinder Goyal announced the decision on social media, highlighting that the company will now focus solely on city-based deliveries. This announcement follows Zomato's recent acquisition of Paytm's ticketing businesses for $244.2 million.
Source: YAHOO