{"id":623278,"date":"2018-10-25T04:15:24","date_gmt":"2018-10-25T04:15:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/"},"modified":"2018-10-25T04:15:24","modified_gmt":"2018-10-25T04:15:24","slug":"ubereats-bites-hard-into-food-delivery-business","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/","title":{"rendered":"UberEats bites hard into food delivery business"},"content":{"rendered":"<p><strong>UberEats has a secret sauce that has allowed to become a dominant player in delivery tech: <\/strong>Delivering for more than 1,600 restaurants around the world, UberEats is the fastest growing player in the booming food delivery industry, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-10-24\/uber-s-secret-empire-of-virtual-restaurants?srnd=premium-middle-east\">according to Bloomberg<\/a>. Since its Toronto launch in December 2015, the delivery app has signed agreements that has seen it roll out in more than 300 cities (including Cairo. <strong>Unless you live in Maadi or New Cairo. Which, apparently, UberEats doesn\u2019t think are part of Cairo<\/strong>). The company\u2019s delivery empire has grown by as much 20% per year and is expected to reach north of USD 75 bn by 2022.<\/p>\n<p><strong>Synergy of data and food:<\/strong> Part of what Uber Eats does is provide demand-related data to restaurants to help them boost sales. \u201cWhen the virtual restaurant team notices supply gaps in any given _neighborhood\u2014if, say, the data show that the number of brunch places is lower than could be served based on searches\u2014they\u2019ll begin contacting businesses in the area.\u201d Thanks to the service, Miami-based MIA Wings, for example, had an 80% increase in revenue after the company advised it in September to start delivering chicken wings. Similarly, Sultan, a Turkish restaurant in Montreal, changed its name to French Takos after UberEats advised it to start selling the product, which proved to be a hit among customers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UberEats has a secret sauce that has allowed to become a dominant player in delivery tech: Delivering for more than 1,600 restaurants around the world, UberEats is the fastest growing player in the booming food delivery industry, according to Bloomberg. Since its Toronto launch in December 2015, the delivery app has signed agreements that has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":623279,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9003],"tags":[72,441,5065,2397],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-623278","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-reading","tag-enterpriseam","tag-uber","tag-ubereats","tag-worth-reading","wpautop","entry"],"acf":{"mongo_id":"788ae07a-f92e-413d-9033-f7e1219cf242","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2018\/10\/uber-web.jpg","photo_position":"above","related_issue":[623260],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UberEats bites hard into food delivery business - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UberEats bites hard into food delivery business\" \/>\n<meta property=\"og:description\" content=\"UberEats has a secret sauce that has allowed to become a dominant player in delivery tech: Delivering for more than 1,600 restaurants around the world, UberEats is the fastest growing player in the booming food delivery industry, according to Bloomberg. Since its Toronto launch in December 2015, the delivery app has signed agreements that has [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-25T04:15:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/10\/uber-web.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"UberEats bites hard into food delivery business\",\"datePublished\":\"2018-10-25T04:15:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/\"},\"wordCount\":228,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/10\/uber-web.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Uber\",\"UberEats\",\"worth reading\"],\"articleSection\":[\"Worth reading\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/\",\"name\":\"UberEats bites hard into food delivery business - 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The takeaway app has been \u201cmore successful\u201d than expected after generating a profit in a quarter of the locations where it operates,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571245,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/05\/ubereats-exits-middle-east-as-subsidiary-careem-announces-layoffs-closes-bus-service\/","url_meta":{"origin":623278,"position":1},"title":"UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service","author":"enterpriseam admin","date":"5 May 2020","format":false,"excerpt":"UberEats exits Middle East as subsidiary Careem announces layoffs, closes bus service: Ride-hailing giant Uber\u2019s plans for expansion in the MENA region took a hit yesterday after the company announced that it would discontinue its food delivery platform UberEats regionwide. The company has struggled to gain a foothold in the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/32.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638850,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/ubereats-seeing-strong-growth-this-year\/","url_meta":{"origin":623278,"position":2},"title":"UberEats seeing strong growth this year","author":"enterpriseam admin","date":"16 October 2017","format":false,"excerpt":"Uber\u2019s food delivery platform UberEats has been going strong, accounting for c. 10% of the ride-hailing app\u2019s 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\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621399,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/ubereats-is-accepting-cash-in-egypt-saudi-arabia-and-south-africa\/","url_meta":{"origin":623278,"position":3},"title":"UberEats is accepting cash in Egypt, Saudi Arabia and South Africa","author":"enterpriseam admin","date":"7 November 2018","format":false,"excerpt":"UberEats is accepting cash in Egypt, Saudi Arabia and South Africa as it looks to grow in cash-based economies, Rodrigo Ar\u00e9valo, head of UberEats in the EMEA region, told Bloomberg as part of a wider-ranging story. 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With the increasing demand for food delivery services resulting in the proliferation of companies like UberEats and\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/2812.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626667,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/careem-is-planning-to-spend-usd-150-mn-to-launch-careemfood\/","url_meta":{"origin":623278,"position":5},"title":"Careem is planning to spend USD 150 mn to launch CareemFood","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"Also from the ride-hailing space, Careem is planning to spend USD 150 mn to launch CareemFood: Careem is in talks with investors to raise as much as USD 150 mn to finance the launch of CareemFood, a regional competitor to UberEats, sources close to the matter tell Reuters. 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