{"id":638850,"date":"2017-10-16T03:51:20","date_gmt":"2017-10-16T03:51:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/ubereats-seeing-strong-growth-this-year\/"},"modified":"2017-10-16T03:51:20","modified_gmt":"2017-10-16T03:51:20","slug":"ubereats-seeing-strong-growth-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/ubereats-seeing-strong-growth-this-year\/","title":{"rendered":"UberEats seeing strong growth this year"},"content":{"rendered":"

Uber\u2019s food delivery platform UberEats has been going strong<\/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)<\/a>. The budding food delivery business is a diamond in what has been a rough year for Uber, growing even faster than the company\u2019s 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\u2019s single advantage is its existing network of drivers.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 for Uber, growing even faster […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638850","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"90294845-b089-44fc-ac3d-0728fb23124f","order":"0","is_powered_by":true,"section_story_id":"48234f26-1949-4ecf-8c61-2e4886a80b6d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638836],"teaser":"","voice_url":""},"yoast_head":"\nUberEats seeing strong growth this year - 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\/2017\/10\/16\/ubereats-seeing-strong-growth-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UberEats seeing strong growth this year\" \/>\n<meta property=\"og:description\" content=\"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). 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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 "Speed Round"","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":623278,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/25\/ubereats-bites-hard-into-food-delivery-business\/","url_meta":{"origin":638850,"position":1},"title":"UberEats bites hard into food delivery business","author":"enterpriseam admin","date":"25 October 2018","format":false,"excerpt":"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\u2026","rel":"","context":"In "Worth reading"","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/10\/uber-web.jpg?fit=%2C&ssl=1&resize=350%2C200","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":638850,"position":2},"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. 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Some 94% of Uber\u2019s transactions in Egypt are in cash \u2014 compared with 90%\u2026","rel":"","context":"In "Speed Round"","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":595672,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/carriage-closes-operations-in-egypt\/","url_meta":{"origin":638850,"position":4},"title":"Carriage closes operations in Egypt","author":"enterpriseam admin","date":"4 August 2019","format":false,"excerpt":"STARTUP WATCH- Food delivery service Carriage closes operations in Egypt: Kuwait-headquartered food delivery company Carriage has shut down operations in Egypt five months after launching, MENAbytes reports. Germany\u2019s Delivery Hero acquired the company in 2017, but now reportedly wants to put all its resources in Egypt into Otlob. 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