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Daughter of US President Ivanka Trump says she passed on World Bank job chief

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Abidjian: The White House senior adviser Ivanka Trump says her father asked her if she was interested in the job of World Bank chief but she passed on it.

In an Associated Press interview, President Donald Trump’s daughter said on Wednesday she was happy with her current role in the administration. She was traveling in Africa to promote a global women’s initiative.

 

Ivanka Trump, World Bank Job, Donal Trump, United States President, White House, Abidjian, Ivory Coast, World news, Business news

 

Ivanka Trump said her father raised the job as “a question” and she told him she was “happy with the work” she’s doing.

The president recently told The Atlantic: “I even thought of Ivanka for the World Bank. . She would’ve been great at that because she’s very good with numbers.”

 

OMG: Once US President daughter Ivanka Trump passed on job of World Bank chief

 

Ivanka Trump worked on the selection process for the new head of the 189-nation World Bank, David Malpass.

 

Ivanka Trump, World Bank Job, Donal Trump, United States President, White House, Abidjian, Ivory Coast, World news, Business news

 

She said he’ll do an “incredible job.”

Asked if her father had approached her about other top jobs, Ivanka Trump said she’d “keep that between” them. She said she doesn’t see a run for office in her future.

 

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Zomato acquires UberEats India for nearly Rs 2,500 crore

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New Delhi: Zomato on Tuesday announced that it has acquired Uber’s Food Delivery Business in India in an all-stock deal and Uber will have 9.99 per cent stake in the Deepinder Goyal-led food delivery platform.

According to sources close to the deal, it is in the range of over $350 million or nearly Rs 2,500 crore.

Uber Eats in India will discontinue operations and direct restaurants, delivery partners, and users of the Uber Eats apps to the Zomato platform, effective from Tuesday.

“We are proud to have pioneered restaurant discovery and to have created a leading food delivery business across more than 500 cities in India. This acquisition significantly strengthens our position in the category,” said Goyal, Founder and CEO, Zomato.

According to company sources, for the first three quarters of 2019, “our Uber Eats business comprised 3 per cent of our global Eats gross bookings, but was more than 25 per cent of our global Eats Segment Adjusted EBITDA losses”.

Uber started its food delivery service in India around mid-2017, but has not been able to scale up in the face of big players like Zomato and Swiggy.

It currently has nearly 26,000 restuarants listed on its platform from over 40 cities.

The market is piping hot as according to a recent study by business consultancy firm Market Research Future, the online food ordering market in India is likely to grow at over 16 per cent annually to touch $17.02 billion by 2023.

Uber CEO Dara Khosrowshahi said that the Uber Eats team in India has achieved an incredible amount over the last two years.

“India remains an exceptionally important market to Uber and we will continue to invest in growing our local Rides business, which is already the clear category leader,” said Khosrowshahi.

“We have been very impressed by Zomato’s ability to grow rapidly in a capital-efficient manner and we wish them continued success,” he added.

On January 10, Zomato had announced that it has secured $150 million in fresh funding from Ant Financial, a subsidiary of China-based giant Alibaba.

The latest round of funding in Zomato, which currently value the company at $3 billion, is part of $600 million funding round announced by Zomato CEO Goyal at a Delhi event last December.

The deal comes in the wake of merger talks between Zomato and Swiggy, whoch both the companies have denied to date.

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