Uber, Olo Expand Partnership for Direct Ordering
Uber Direct is now integrated into Olo’s Dispatch delivery fulfillment solution to help make efficient delivery technology available to Uber Eats merchants, with plans to expand their offerings with the additional support of alcohol delivery. The agreement follows...
Uber Narrows Loss on 28% Delivery Revenue Surge
After losing $968 million last quarter, Uber delivered improved first quarter earnings with a net loss of $108 million that was, as CNBC put it, a “tremendous improvement” from the fourth quarter of 2020 with delivery revenue up 28 percent over the Q4 2020 and 230...
Postmates Spins off Serve Robotics
Less than three months after Uber finalized its deal to acquire Postmates, the combined entity is spinning off Postmates’ robotics division as an independent company, now called Serve Robotics. Along with that announcement came word that Serve Robotics closed its...
As Delivery Matches Rides, Uber Posts $968M Quarterly Loss
Two weeks after moving to buy Drizly, Uber announced its fourth-quarter financial results, which also included full-year results for 2020. The prime highlights are year-over-year delivery bookings up nearly 130 percent as food delivery has pulled even with its...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.