Uber Eats photograph

Uber Eats

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Parent organizations Uber Technologies Inc
FoundedAugust 2014
HeadquartersSan Francisco
California
United States
Key person Dara Khosrowshahi
Founders Travis Kalanick
Garrett Camp
Date of Reg.
Date of Upd.
ID1378251
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About Uber Eats


Uber Eats is an online food ordering and delivery platform operated by Uber. Users can read menus, order, and pay for food from participating restaurants using either the Uber mobile app or a standalone mobile app available on the iOS or Android platforms, or through a web browser.

Children working as riders for food delivery apps - BBC investigation

Children working as riders for food delivery apps - BBC investigation
Nov 13,2023 9:41 pm

... The Home Office is urging Deliveroo, Just Eat and Uber Eats to reform policies that let riders lend accounts to others, known as " substitution"...

Cost of living: Deliveroo and Uber couriers face uphill struggle

Cost of living: Deliveroo and Uber couriers face uphill struggle
Dec 27,2022 9:41 pm

... " Shaf Hussain has been working for Deliveroo and Uber Eats since he was 21, delivering takeaways and shopping...

Louis Theroux's Jiggle Jiggle was one of TikTok's top songs of 2022

Louis Theroux's Jiggle Jiggle was one of TikTok's top songs of 2022
Dec 6,2022 1:30 pm

... They signed with Sony Music to release Jiggle Jiggle, which has subsequently been licenced to adverts for Uber Eats and Amazon Music, Sony also helped the duo obtain US Visas, with the hope of attending next year s Miami Music Conference...

UK heatwave: From giving birth to working in a sewer

UK heatwave: From giving birth to working in a sewer
Jul 19,2022 8:00 pm

... " If I don t work, I don t get paid Shaf Hussain delivers in the east London area for a few different apps, including Deliveroo, Uber Eats and Just Eat...

Covid: Have the lockdown success stories lost their shine?

Covid: Have the lockdown success stories lost their shine?
May 15,2022 5:05 am

... " We started by selling on Facebook but then expanded to Deliveroo and Uber Eats...

Uber loses $5. 9bn as Asia investment values fall

Uber loses $5. 9bn as Asia investment values fall
May 5,2022 6:35 am

... Uber also owns a stake in Indian food delivery firm Zomato, which it got in 2020 in exchange for its Uber Eats operations in India...

How delivery apps created 'the Netflix of food ordering'

How delivery apps created 'the Netflix of food ordering'
Jan 17,2022 9:15 am

... While the huge market-leading delivery apps, such as Just Eat, Deliveroo, Uber Eats and DoorDash (the biggest in the US) now list many large restaurant chains, Woodspoon s business model is entirely different...

My money: I wonder if my wallet or body will recover?'

My money: I wonder if my wallet or body will recover?'
Jun 21,2020 4:22 am

... ]as soon As the new place was full by 19:00 we could not even comprehend the thoughts go to the store to buy ingredients, so we get to Uber Eats, and the hunt for the next highest rating-fish-and-chip-shop...

Uber loses $5. 9bn as Asia investment values fall

Feb 16,2020 10:08 am

Ride-hailing and delivery group Uber has made a $5. 9bn (£4. 7bn) loss, mostly due to its stakes in other companies.

The Firm said almost all of The Loss was a result of The Fall in the value of investments in businesses including two Asian ride-hailing Giants - China 's Didi and South East Asia 's Grab.

Shares in Didi and Grab have plunged since listing in New York Last Year .

Despite The Loss , Uber's boss highlighted its progress in recovering from the impact of the pandemic.

" Our results demonstrate just how much progress we've made navigating out of the pandemic and how The Power of our platform is differentiating our business performance, " chief executive Dara Khosrowshahi said.

That came as The Company said The Number of trips taken had risen 18% for the three months to The End of March, compared to the same period Last Year . That helped revenues rise by 136%.

On a net basis, Uber's first-quarter loss surged to $5. 9bn from $108m a year ago, driven by $5. 6bn of drops in the value of stakes in other businesses, primarily Chinese ride-hail Company Didi.

Uber had enough cash to hold on to those loss-making stakes and wait for a better time to sell them, chief financial officer Nelson Chai said.

Its shares ended Wednesday's trading session in New York 4. 65% lower.

In 2016, as it faced tough competition in China , Uber sold its business in The World 's second largest economy to Didi in exchange for an 18% stake in the Beijing-headquartered firm.

Didi's US market valuation has fallen by More Than 80% since it made its $4. 4bn debut on the New York Stock Exchange (NYSE) Last Summer .

, Saying it illegally collected users' personal data.

In December, The Company announced and move its listing to Hong Kong .

This Week , Didi revealed that it faces an investigation by the US stock market watchdog about its initial public offering.

In 2018, when both firms were still privately owned, Uber sold its businesses in South East Asia to Grab for a 27. 5% stake in the Singapore-based Company .

on New York 's Nasdaq trading platform in December Last Year .

Its stock market valuation has dropped by almost 75% since The Initial public offering, which was the largest ever US listing by a South East Asian firm.

Uber also owns a stake in Indian food delivery firm Zomato, which it got in 2020 in exchange for its Uber Eats operations in India.

Zomato's shares have almost halved in value.

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Source of news: bbc.com

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