Restaurant Discovery Site Zomato Buys IAC’s Urbanspoon, Enters The U.S. Market

zomato_app1_hi-res-l-3 Zomato, the restaurant discovery site backed by Sequoia, has bought Urbanspoon from IAC, the latest in a string of acquisitions around the world. Terms of the deal were undisclosed, but sources tell TechCrunch it was between $50 million to $60 million. This marks the entrance of Zomato’s entrance into the U.S. market, and is also notable because it is one of the few instances of an… Read More

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