4 ms·
Uber Eats is making money... the financials are clearly listed in its S-1, https://www.sec.gov/Archives/edgar/data/1543151/000119312519103850/d647752ds1.htm htt
by darkwizard42 7y ago
Uber Eats is making money... the financials are clearly listed in its S-1, https://www.sec.gov/Archives/edgar/data/1543151/000119312519103850/d647752ds1.htm https://www.sec.gov/Archives/edgar/data/1543151/000119312519...
Uber Eats is currently 2nd/3rd place in market share for food delivery at around 20%, https://qz.com/1549084/doordash-overtook-uber-eats-in-us-online-food-delivery-second-measure-finds/ https://qz.com/1549084/doordash-overtook-uber-eats-in-us-onl...
There is a lot more out there on Eats financials as listed in the S-1 and in previous "leaks". Definitely seems like a healthy business where I agree its revenue is much smaller than the overall ride-sharing business, but from a technology standpoint they are likely better than their competitors BECAUSE of having a core ride-sharing business with which it overlaps a lot of ideas like pricing, dispatch, ETA predictions.
- jonathankoren 7y agoThanks for the qualification about Eats. However, I don’t think the issue in food delivery is a technical. I think it’s financial.