Uber Eats and delivery business continue to rake in profits

Uber Eats delivery courier

Uber’s delivery business continues to deliver profits. The ride-hailing, food-delivering, freight-hauling superapp reported Q1 2022 earnings before the bell Wednesday, and in what was a strong quarter overall, Uber Eats and the company’s growing suite of delivery offerings again played a key role, posting all-time highs in both gross bookings and active merchants.

Shares of Uber (NYSE: UBER) were down about 11% in the early hours of trading on Wednesday due to losses on its investments in Grab,...

https://www.freightwaves.com/news/uber-eats-and-delivery-business-continue-to-rake-in-profits

Consumer demands are changing — retailers and delivery partners need to listen

Consumers are creatures of habit, but once they are exposed to innovation, it can quickly take hold. That is one of the takeaways from a Wednesday webinar hosted by delivery and fulfillment company Bringg.

“When it’s same-day delivery, they want it faster and faster. Amazon Prime showed us that when we could get something in two days, we wanted it. And now that we have same day, [consumers] want that. Once they are exposed to something, they want it [more],” said Erik Logerquist, strategy lead...

https://www.freightwaves.com/news/consumer-demands-are-changing-retailers-and-delivery-partners-need-to-listen

Bringg’s collaboration with Uber opens new doors for e-commerce

Bringg teams with Uber to fulfill e-commerce orders

As e-commerce exploded in 2020, many merchants were unable to take full advantage. Those with in-house fulfillment and delivery operations thrived — those without faced uncertainty and an inability to scale their online operations.

Enter Bringg.

The global fulfillment cloud technology company has announced a partnership with Uber Direct (NYSE: UBER) to help online retailers ensure those orders are delivered safely and in a timely manner.

“Some customers have an in-house fleet to serve their...

https://www.freightwaves.com/news/bringgs-collaboration-with-uber-opens-new-doors-for-e-commerce