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Uber Narrows Loss on 28% Delivery Revenue Surge

Uber Narrows Loss on 28% Delivery Revenue Surge

by Tom Kaiser | May 13, 2021 | COVID-19, News, Third-Party Delivery

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...
Chowbus Leans In on Emotions, Discovery to Boost In-Store Volume

Chowbus Leans In on Emotions, Discovery to Boost In-Store Volume

by Tom Kaiser | May 6, 2021 | COVID-19, News, Third-Party Delivery, Top Stories

For Chowbus, the delivery startup focused exclusively on Asian restaurants, looking beyond the pandemic means finding creative ways to help its restaurant partners boost in-store dining as it continues upgrading its app experience seven months after raising yet...
Uber Eats Partners with Gopuff on ‘Everyday Essentials’

Uber Eats Partners with Gopuff on ‘Everyday Essentials’

by Tom Kaiser | May 6, 2021 | News, Third-Party Delivery

Uber and Gopuff have announced a new partnership where Gopuff will provide a new range of everyday essentials to customers on the Uber Eats platform, further broadening its ongoing expansion beyond delivered restaurant meals. Philadelphia-based Gopuff delivers a...
Postmates Spins off Serve Robotics

Postmates Spins off Serve Robotics

by Tom Kaiser | Mar 4, 2021 | Briefs, News, Third-Party Delivery

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

As Delivery Matches Rides, Uber Posts $968M Quarterly Loss

by Tom Kaiser | Feb 18, 2021 | Finance, News, Third-Party Delivery

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...
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