Global online restaurant reservations company OpenTable is partnering with delivery aggregators to offer delivery options at restaurants across the UK. The company has partnered with Deliveroo and UberEats to enable diners to select and order a restaurant-quality meal and have it delivered direct to their door. This, it says, gives diners the opportunity to continue […]
Tag Archives: UberEats
Analyst Expects Trouble for Uber, Yelp, Grubhub. He Cut All His Internet Stock Estimates.
When it comes to the tech sector, there is no place to hide from the crushing blow to financial results that is coming as fallout from the coronavirus-triggered market meltdown and potential recession. On Wednesday, William Blair tech, media and communications analyst Ralph Schackart cut his estimates on every company on his coverage list to levels well below […]
Why Blue Apron Stock Soared 100% Amid a Market-Destroying Pandemic
If there’s ever a silver lining in this life-destroying, economy-crippling coronavirus pandemic, it would be the resurgence of dying meal kit startup Blue Apron, at least for now. As major U.S. cities, including New York, Los Angeles and Seattle, rush to order restaurants to suspend dine-in service and limit orders to take-outs and delivery only this week, […]
FoD Podcast Episode 8: Virtual Kitchen on the Rise + Kelly Seeman of Uber Eats
Industry consolidation, virtual kitchens, UberEats enterprise brands more
What Does DoorDash’s IPO Mean for Grubhub?
DoorDash surpassed Grubhub (NYSE:GRUB) as the top food delivery platform in the U.S. last year. It controlled 38% of the market in January, according to Second Measure, while Grubhub and Uber (NYSE:UBER) Eats held 31% and 20% shares, respectively. DoorDash hit a valuation of nearly $13 billion after its last funding round, and it recently filed confidential paperwork for its long-awaited IPO. DoorDash’s […]
Uber’s Path to Profitability Hinges on Uber Eats Margins, Says Bernstein
Uber’s (UBER) – Get Report path to profitability can only be paved if the company improves margins at its popular Uber Eats division, according to a note from Bernstein analyst Mark Shmulik. Uber Eats will need to improve Ebitda by $300 million for the fourth quarter to get Uber back to break-even, according to the firm’s math. Bernstein […]
The head of Uber Eats is stepping down
Jason Droege, the head of Uber’s food-delivery business Uber Eats, will be leaving the company. In a Feb. 25 regulatory filing, Uber announced that Droege will be replaced by Pierre-Dimitri Gore-Coty, who is currently vice president of international rides, overseeing Uber’s ride-hailing operations outside North America. As Uber Eats vice president, he will oversee teams that […]
advantage in the food delivery war
Last month, the most coveted partnership in the UK takeaway sector came to an unceremonious end. Uber Eats lost the exclusive rights to make around 15 million McDonald’s deliveries each year in the UK, after the fast-food giant announced plans to open up the relationship to include major rival JustEat. On paper, the union was ideal. McDonald’s made […]
Food Delivery Services DoorDash, Uber Eats, and Postmates Might Merge
One way to figure out how long someone’s lived in San Francisco is to bring up app-based food delivery. To folks who arrived here after their popularity (say, in the early 2010s), it’s a service that’s always been here and is too ubiquitous to fail. But folks who have lived here longer than that have […]
How Trip Inferences and Machine Learning Optimize Delivery Times on Uber Eats
TweetShareShareVoteReddit In Uber’s ride-hailing business, a driver picks up a user from a curbside or other location, and then drops them off at their destination, completing a trip. Uber Eats, our food delivery service, faces a more complex trip model. When a user requests a food order in the app, the specified restaurant begins preparing […]