Uber’s food delivery platform UberEats has been going strong, accounting for c. 10% of the ride-hailing app’s total bookings, or around USD 3 bn in sales, sources close to the matter tell the FT (paywall). The budding food delivery business is a diamond in what has been a rough year for Uber, growing even faster than the company’s core business. The segment is not without its pitfalls, however, with limited margins and growing competition from existing firms, such as GrubHub and Amazon, as well as newcomers, such as Facebook, joining the fray. The firm’s single advantage is its existing network of drivers.

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