Uber sees its burgeoning food delivery service as a massive opportunity

  • Uber believes its Uber Eats app addresses a $795 billion market.
  • So far, it believes it has only penetrated 1% of that market considering Gross Bookings for Uber Eats have reached $7.9 billion in 2018.
  • The company says it views Uber Eats as being the largest meal delivery platform in the world outside of China.

“The demand that we’ve received from the suburbs over the last year and a half has been truly phenomenal,” she said in an interview with Business Insider. “It shows the power and potential to expand our business everywhere.”

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