Uber Eats

Uber Delivery delivers first quarterly adjusted profit

Uber is making its case as a superapp. The ride-hailing, freight-hauling, food-delivering platform reported its Q4 2021 and FY2021 earnings after the bell on Wednesday, recording its first profitable quarter for delivery in terms of adjusted earnings before income, taxes, depreciation and amortization.

The delivery segment’s adjusted EBITDA of $25 million helped drive a healthy quarter for Uber. For all segments, that figure was $86 million, topping the high end of Uber’s guidance and marking...

https://www.freightwaves.com/news/uber-delivery-delivers-first-quarterly-adjusted-profit

NYC gig worker unionization efforts pick up

A new coalition called Justice for App Workers is banding together New York City gig workers in pursuit of union rights

As companies like Uber and Lyft look to grow their businesses beyond ride-share, expanding into categories like food and grocery delivery, they face a persistent thorn in their sides.

For all of the growth the companies have experienced in recent years, their drivers and delivery workers have been left behind, often making less than the minimum wage and being denied access to bathrooms on the job.

The gig economy workforces of Uber, Lyft, DoorDash and others have been vocal about their...

https://www.freightwaves.com/news/nyc-gig-worker-unionization-efforts-pick-up

Analysis: NYC grants sweeping new rights to food delivery workers

NYC announced new provisions to protect food delivery drivers

Imagine not being able to use the bathroom at your place of work. For many New York City food delivery drivers, that has been the reality because restaurants aren’t required to provide them with bathroom access. At least not until now.

This week, Mayor Eric Adams and Peter A. Hatch, Department of Consumer and Worker Protection (DCWP) commissioner, announced a set of provisions aimed at protecting app-based workers. The provisions, which took effect Monday, include a rule requiring restaurants to...

https://www.freightwaves.com/news/analysis-nyc-grants-sweeping-new-rights-to-food-delivery-workers

Uber Eats will no longer deliver for Brazilian restaurants

Uber is transitioning away from restaurant delivery in Brazil as the company seeks to grow its delivery business in the country.

An Uber (NYSE: UBER) spokesperson told Modern Shipper restaurant delivery services will remain active on Uber Eats until March 7, after which time they will shut down.

“After that date, people can continue to rely on the app to find the best selection of supermarkets and wholesalers in Brazil, as well as home decor, beverages and pet supplies, among others,” the...

https://www.freightwaves.com/news/uber-eats-will-no-longer-deliver-for-brazilian-restaurants

Motional’s AVs to deliver Uber Eats in Santa Monica

Uber Eats customers in Santa Monica, California, will soon be receiving deliveries from autonomous vehicles. Uber is partnering with driverless technology provider Motional to start autonomous delivery of meal kits from select restaurants in Santa Monica early next year.

It is Uber’s first delivery partnership with an autonomous vehicle provider.

“We’re excited to partner with Motional to test a new kind of delivery for Uber Eats consumers in 2022,” said Sarfraz Maredia, vice president and head...

https://www.freightwaves.com/news/motionals-avs-to-deliver-uber-eats-in-santa-monica

Uber CEO: ‘We’ve just never been in a better position’

Uber delivery, buoyed by Uber Eats, is poised for growth

Every company wants to grow. But for most companies, that growth usually comes at the price of profitability. That has long been the case for Uber, which until this year had never posted an adjusted profit despite securing tens of billions of dollars in venture capital.

But it appears that Uber (NYSE: UBER) has entered the next stage in its evolution.

The multifaceted tech company this year managed to achieve adjusted profitability not only for its main rideshare business but also for its...

https://www.freightwaves.com/news/uber-ceo-weve-just-never-been-in-a-better-position

This NYC food delivery startup is giving power back to restaurants

This food delivery startup is changing the game

It’s no secret that there’s a little bit of animosity between restaurants and food delivery apps like Uber Eats, DoorDash and Grubhub. Restaurants often hemorrhage up to 30% of their off-premise sales as part of the commission the apps charge them, and when places like New York City pushed back, the companies opened their collective coffers and jointly sued. Their actions have even earned them the title of “modern day Mafia” among some restaurateurs, who say that the apps are killing their...

https://www.freightwaves.com/news/this-nyc-food-delivery-startup-is-giving-power-back-to-restaurants

Food delivery apps face EU crackdown: Are US companies next?

Companies like Uber, Lyft and DoorDash could feel the heat in the U.S. when EU lawmakers rule on gig worker classification this week

Third-party food delivery companies in Europe aren’t doing so hot. The European Commission, the executive branch of the EU, is scheduled to meet this week to propose what speculators believe will be stricter labor rules to regulate the gig economy in the region.

Specifically, ​​reports suggest that the commission will require gig companies to directly employ their couriers, rather than classify them as independent contractors. On the heels of that news, investors have soured on food delivery...

https://www.freightwaves.com/news/food-delivery-apps-face-eu-crackdown-are-us-companies-next

Uber Eats partners with Hims & Hers, will deliver in 12 markets

Uber Eats partners with telehealth platform Hims & Hers to deliver personal care products to 12 markets

Uber wants in on the health and wellness space. The rideshare and food delivery giant is partnering with telehealth platform Hims & Hers (NYSE: HIMS) to deliver personal care and health products to Uber Eats customers in 12 markets, including Los Angeles, Seattle, Miami, Philadelphia and Austin, Texas.

Uber (NYSE: UBER), which launched Uber Health — a service that allows health care organizations to arrange rides for patients — in 2018, has been dipping its toes into the health and wellness...

https://www.freightwaves.com/news/uber-eats-partners-with-hims-hers-will-deliver-in-12-markets

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