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Uber Plans to Expand Food Delivery to 70% of U.S. Population

ChinatownJake

Well-Known Member
My guess is it's no coincidence UE driver rates were reduced a few months ago.

https://www.cnbc.com/2018/10/23/uber-plans-to-expand-food-delivery-to-70percent-of-the-us.html

UberEats is already the fastest growing meal-delivery service in the U.S., according to a Business Insider research report. On Tuesday, the unit, which operates like its own startup inside the larger company, announced that it wants to be available to 70 percent of the population by the end of this year, up from 50 percent currently.

In emailed comments to CNBC, Uber CEO Dara Khosrowshahi said that food delivery was one of the company's first big bets.
 
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ChinatownJake

Well-Known Member
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  • #3
A business that charges five dollars to deliver a seven dollar burrito will not do very well during recessionary times
There are zero signs right now in my market of any food delivery service slowing down. People can't seem to get enough of this convenience. But definitely, if the next big Recession hits in 2019 like some are predicting it will, there will be big drop off in usage.
 

ChinatownJake

Well-Known Member
  • Thread Starter Thread Starter
  • #6
This should really fly well especially since 90% of Uber Eats customers have reported missing food.
More and more now, in L.A., restaurants insist when you pick up for UE that the delivery be started before exiting the restaurant. To ensure essentially that the driver (or fake driver) cannot abscond with the food.
 

SurgeMasterMN

Well-Known Member
My guess is it's no coincidence UE driver rates were reduced a few months ago.

https://www.cnbc.com/2018/10/23/uber-plans-to-expand-food-delivery-to-70percent-of-the-us.html

UberEats is already the fastest growing meal-delivery service in the U.S., according to a Business Insider research report. On Tuesday, the unit, which operates like its own startup inside the larger company, announced that it wants to be available to 70 percent of the population by the end of this year, up from 50 percent currently.

In emailed comments to CNBC, Uber CEO Dara Khosrowshahi said that food delivery was one of the company's first big bets.

Haha! That will be impossible to achieve or maintain because nobody is driving UberEats. Unsustainable unless Uber brings eats rates up to Select or Black Car.
 

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