Money: Uber Eats doesn’t plan on eating its competition — for now - PressFrom - United Kingdom
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MoneyUber Eats doesn’t plan on eating its competition — for now

13:35  11 september  2019
13:35  11 september  2019 Source:   vox.com

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Instead of consuming its competition , he said, Uber Eats is focused on organically growing the business and expanding its own offerings, like adding groceries and other options to its restaurant delivery and rides businesses. “We think that that’s complementary with food delivery.

Uber Eats doesn ’ t plan on eating its competition — for now Its competitors are consolidating, but Uber Eats says acquisitions aren’t in its near future.

Uber Eats doesn’t plan on eating its competition — for now © Keith MacDonald for Vox Media Unlike other food delivery companies, Uber Eats doesn’t have any plans to gobble up the competition.

Food delivery companies might be buying each other up right and left, but that’s not on the menu for Uber Eats.

“It’s not my strategy right now,” Jason Droege, vice president of Uber Everything, the vertical in charge of Uber Eats, told Recode’s Jason Del Rey and Kara Swisher Tuesday at the Code Commerce conference in New York City.

Uber Eats doesn’t plan on eating its competition — for now © Getty

“We don’t really think about the business that way, at least I don’t,” Droege said of whether he would acquire other food delivery companies. “My personal background — I’m typically in early-stage, I’m a builder. The business isn’t even four years old yet. Let’s just execute and get the business right. And if we do that, then if there’s opportunities to [acquire other businesses] then fine.”

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Uber Eats doesn’t plan on eating its competition — for now © Getty

Instead of consuming its competition, he said, Uber Eats is focused on organically growing the business and expanding its own offerings, like adding groceries and other options to its restaurant delivery and rides businesses.

“We think that that’s complementary with food delivery. And then you put rides in there and you get a city OS [operating system], if you will, or a remote control for your city, and you can get all the things you might transact within your city. I’m excited about that.”

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Uber, which just laid off more than 400 people and whose market capitalization is half the price it was valued at on the private market now that it’s gone public, has also been trying hard to save money. The company lost more than $5 billion last quarter on revenue of $3 billion.

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Read articles, get Uber Eats promos and learn about local food, local favorites, all in one place. Find out everything you want to know about Uber Eats in your city and around the world. Uber Eats Social Media #Whereverlifetakesme Competition . South Africa.

Uber Eats offers different meals at varying prices. The delivery fee for Uber Eats varies based on Uber Eats Instagram Competition Terms & Conditions. 5. To enter, eligible individuals must upload a photo to Instagram of their meal ordered through the Uber Eats platform with the hashtag # UberEats .

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A teenager with a dairy allergy who died after eating chicken coated with buttermilk at a Byron Burger restaurant was "reassured by the wording of the menu", a coroner has ruled. Owen Carey had a fatal reaction after eating a chicken burger while celebrating his 18th birthday with his family on 22 April 2017. He collapsed less than an hour after first experiencing an allergic reaction to his meal and was taken to hospital where he died. Southwark Coroner's Court heard how Mr Carey, of Crowborough, East Sussex, did not realise the chicken had been marinated because the buttermilk ingredient was not listed on the menu.

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