Zomato Buys Urbanspoon For $50 – $60 Million To Enter US Local Search Market

Zomato, the international restaurant search provider, has picked up and acquired Urbanspoon from IAC, costing them somewhere between $50 and $60 million in cash.  So what is Zomato? Zomato is an online service that provides information on home delivery, dining-out, cafes and nightlife in cities of India and 18 other countries.  The service was founded [...]