Image Credit: www.edition.cnn.com
The Uber Eats is the delivery service of foods, with activity in 13 countries and over 50 cities. The free app is available for Android phones and iPhone ( iOS ) and offers discount coupons, support for several restaurants, and order cancellation options with refunds. Also, Uber Eats make use of drones in deliveries, with the possibility of arriving in Brazil in five years.
The user needs to download the application on the smart phone, wait for it to find the location, or access the Uber Eats website and enter the address manually. Then, just select one of the restaurants and snack bars available for delivery, choose the desired item on the menu, and confirm the payment. If you prefer to receive the order later, it is also possible to schedule an appointment. Therefore, it is necessary to wait for the delivery person to arrive at the location within the estimated period of time.
Uber is losing its monopoly in the UK
Uber Eats has lost the exclusive right to deliver about 15 million McDonald’s every year in the UK. The food delivery business is facing new competition with its rival, JustEat (JSTTY). This announcement is another blow to Uber’s business in the UK.
Uber has already faced the potential loss of its food delivery business in London after regulatory authorities lifted the city’s license last year.
The loss of McDonald’s (MCD) distribution monopoly is a huge blow to UberEats. The distribution service places about 30 million orders a year in the UK, with about half of McDonald’s accounts from Joseph Barnetram (analyst) Credit Suisse.
“Without that exclusivity, orders could be pressured by 2020,” he told CNN business.
McDonald’s UK CEO Paul Pontroy said in a statement that the existing partnership with UberEats was “very successful.” It can be delivered from 950 restaurants. “We are pleased to have agreed to partner with Just Eat as an additional distribution provider in 2020,” Pomroy added.
Uber Eats quits India
With up to $ 2.9 billion in losses in 2019, Uber (UBER) is under increasing shareholder pressure to abandon unprofitable businesses.
Uber said last week that it would sell its food delivery business in India to local rivals, saying it would break out of markets that could not establish or defend No. 1 or No. 2 status.
Just Eat is the UK’s largest food delivery business, processing 123 million orders in 2018 and the strongest outside London.
According to Barnet-Lamb, the company is likely to lose money in a McDonald’s (MCD) partnership due to low commission rates and low order volumes from large hamburger chains, but the deal keeps customer losses on other platforms May also have persuaded other chain restaurants to join Just Eat.
“This is all part of Just Eat’s regaining control of the competitive environment,” says Barnet-Lamb. “It’s interesting to see what Uber eat will do next.” Just Eat was scheduled to merge with Dutch rival Takeaway.com this month before the UK competition authorities suspended the transaction to investigate for competition reasons.