Business
Uber sees ‘fundamental shift’ in food delivery demand – BBC News
The firm’s Uber Eats business has more than doubled as the pandemic increases appetite for takeaway.
image captionUber’s food delivery business is booming
Uber’s food delivery business has more than doubled, as the pandemic increases appetite for online grocery orders and restaurant takeaway.
The firm said revenue from its Uber Eats service hit $1.4bn (£1bn) in the three months to 30 September, jumping 124% from the same period in 2019.
The growth helped offset steep declines in the firm’s core rides business.
But Uber still recorded a loss of about $1.1bn in the quarter, roughly the same as…
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