Uber Eats news and trends

Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business
Acquisitions // May 14, 2024

Uber is acquiring Delivery Hero’s foodpanda delivery business in Taiwan for $950 million. The deal, announced Tuesday (May 14), is expected to close in the first half of next year and comes as Delivery Hero has been looking to reduce its operations in Asia. “Due to its existing presence in Taiwan,...

Earnings Point to Different Routes for Lyft and Uber
Earnings // May 08, 2024

Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the poem is about the woods, the path not taken … but more than a century after its publication, it proves...

Aggregators Supercharge Food Industries’ Digital Transformation in Connected Economy
Connected Economy // May 08, 2024

The connected economy is making strides via a partnership between Uber Eats and Instacart. The two companies announced Tuesday (May 7) that in the coming weeks, Instacart customers will be able to order from a range of restaurants on its platform through a new “Restaurants” tab, enabled by Uber Eats. “Through this partnership,...

Instacart Brings Groceries and Restaurant Food Together With Uber Eats Deal
Delivery // May 07, 2024

Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers order from a wide range of restaurants using a new “Restaurants” tab on the company’s app.  “Through this...

Interviews & Exclusives
Earnings Point to Different Routes for Lyft and Uber

May 08, 2024
Uber and Lyft bring to mind the oft-quoted Robert Frost poem. You know the one — about two roads that diverged. The rest of the poem is about the woods, the path not taken … but more than a century after its publication, it proves apt for online platforms, for the digital age. Uber and […]

Uber Eats Takes Its Robot Delivery Show on the Road

February 22, 2024
As on-demand delivery aggregators look to automation to reduce labor costs, Uber sees the opportunity to roll out autonomous sidewalk robots in dense cities worldwide — but only for certain...

Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility

February 14, 2024
Uber and Lyft’s most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there’s a core focus for both firms: That would be matching...

CE 100 Index Up 0.5% as Tesla and Tencent Declines Blunt Olo, Goldman Surges 

July 24, 2023
Earnings season has just started — and for the companies forging new paths to commerce and payments, the quarterly report card gives a glimpse into progress and challenges. To that...

Quick Reads
Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business

May 14, 2024
Uber is acquiring Delivery Hero’s foodpanda delivery business in Taiwan for $950 million. The deal, announced Tuesday (May 14), is expected to close in the first half of next year and comes as Delivery Hero has been looking to reduce its operations in Asia. “Due to its existing presence in Taiwan, Uber is best placed to build upon the significant local […]

Instacart Brings Groceries and Restaurant Food Together With Uber Eats Deal

May 07, 2024
Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers order from...

Rite Aid and Uber Eats Add Alcohol Delivery in 8 States

April 30, 2024
Rite Aid has expanded its partnership with Uber Eats to include alcohol delivery in eight states. With this expansion, the pharmacy chain and the on-demand app now offer delivery of alcohol from nearly...

California Uber Drivers Reap $1 Billion in Benefits Since 2020

April 26, 2024
Uber says it has made an investment exceeding $1 billion in benefits for its California drivers and couriers since 2020. This investment is aimed at enhancing the working conditions and...