What the business is
Zomato is India's food-delivery and restaurant-discovery platform; its UAE business at one point accounted for 20% of its orders.
How it started
UAE was Zomato's first global foray in 2012 and at one point accounted for 20% of its orders. In 2019 Talabat, the Kuwait-based delivery app, bought Zomato's UAE food-delivery business for $172M.
What happened
Since the sale, Zomato rendered services to Talabat in return for cost reimbursement. The wind-down email promised restaurants money owed, unused advertising spend and credit notes credited by 30 December 2022; Talabat said it would launch Zomato Pay and its 'Vibe Check' feature on its own app.
How it ended up
From 24 November 2022 Zomato discontinued rendering delivery services in the UAE; customers ordering on the Zomato app are redirected to Talabat. Zomato keeps restaurant discovery and dining-out there, with Zomato Pay live across 12 cities in India and the UAE.
What has to be true
UAE delivery was already sold in 2019; ending the cost-reimbursement service deal is the final write-off of an expansion once worth 20% of orders.
The exit lands amid widening losses at home — Q2 FY23 loss up 35% sequentially to INR 250.8 crore.
Zomato keeps discovery, dining-out and payments while Talabat absorbs the operationally heavy delivery layer.
What can be applied
International retreats end in stages: sell the market, service the buyer, then hand over the last remnant — each step salvages cash and focus for the core war at home.
Aftermath
As of the November 2022 filing, UAE customers were being redirected to Talabat and restaurants reimbursed by end-December; Zomato's focus stayed on India, where Zomato Pay was live in 12 cities.
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