As millions of Americans are confined in their homes amid a pandemic, hard-hit restaurants are being forced to charge higher prices to meet the demands of food delivery services, according to a lawsuit. A group of New Yorkers sued GrubHub Inc., DoorDash Inc., Postmates Inc. and Uber Eats, accusing them of using their market power to …
Continue reading “GrubHub, Doordash Accused in Suit of Pushing Prices Higher”
As you’ve probably heard a hundred times, now is not a good time for restaurants. To contain the spread of the coronavirus, dining rooms in Illinois are closed, which means that restaurants must now rely on pickup or delivery. For many establishments, that means that their customers are spending even more time engaging with food …
For weeks, as restaurants begged delivery platforms to reduce their commissions, the apps refused, further profiting from the coronavirus crisis. It’s not an uncommon ritual right now. You are on your couch in your pajamas, something you haven’t changed out of all day. Who can blame you? Now is the time for comfort, no matter …
Restaurant operators have long had a fraught relationship with third-party delivery providers, wrestling over commission fees and access to customer data, among other issues. But as the country’s restaurant operations are forced to shift to off-premise-only mode to slow the spread of the coronavirus, the fissures between restaurants and third-party delivery companies are becoming even …
Continue reading “PANDEMIC PUTS TENSIONS BETWEEN RESTAURANTS AND THIRD-PARTY DELIVERY IN CROSSHAIRS”
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 …
Continue reading “What Does DoorDash’s IPO Mean for Grubhub?”
Uber Eats, DoorDash and Postmates might be convenient, but the apps are making you pay a juicy premium. After a long day, you have probably done some back-of-the-napkin math and decided there was no point in going out for dinner when you could get food brought to your door for the same cost, plus a …
Continue reading “Up to 91% More Expensive: How Delivery Apps Eat Up Your Budget”
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 …
Continue reading “Food Delivery Services DoorDash, Uber Eats, and Postmates Might Merge”
The smartphone app that allows you to order food from a smorgasbord of restaurants and get it delivered to your door is brilliant. It’s easy, fast and efficient. (It may cause you to spend too much on meals you could prepare for yourself instead, but that’s another column.) Yet this killer app, and countless others …
Continue reading “TASCHINGER: Waitr’s app is better than its business model”
For restaurant delivery providers, long-anticipated, major consolidation always seems just around the corner. Until it happens, there’s the elusive and never-ending quest for the kind of scale that can generate sustainable profits. Before Grubhub explained its recent fourth quarter and fiscal 2019 financials last week, it sought to dispel rumors that it was up for …
Continue reading “Still A Long Haul To Longevity For Restaurant Delivery Services”
… The more revenue Uber Eats brings in, the larger the losses. This past quarter Uber Eats was able to improve its sales by 154% year-over-year, but the segment’s EBITDA was down 111%, somehow losing more than it netted in sales. Segment Concerns Uber Eats is operating in a very competitive landscape. There are a …
Continue reading “Uber Rides Is Strong But Eats Is A Dead Weight”
