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Why UberEats Most Profitable Part of Uber

Despite its speedy development and cultural pervasion, Uber — the ride-hailing app bothered by corporate gossips and publicity tortures — has although to become a profit. But there is one part of its market that’s shooting in wealth: food delivery.

According to the New York Times,

“As of July, UberEats was profitable in 27 of the 108 cities where it operated,” with use of the food delivery app outpacing Uber’s ride-sharing service in cities such as Tokyo and Seoul.”

It’s also growing incredibly swift: “The abundance of trips taken by UberEats drivers grew by more than 24 times between March 2016 and March 2017,” the Times reports. As demand for food delivery continues to ramp up — and restaurants adapt accordingly —

UberEats’ future growth is apparently only limited by its customers’ desires. Of course, it will endure being seen what kind of opposition it will face from Amazon, which has regularly been developing its own food delivery market and holds to grow it further with its contemporary takeover of Whole Foods.

UberEats is the lowest delivery apps in market

Why UberEats Most Profitable Part of Uber
Source: Marketwatch

Matt Sheppard, COO of mini-chain Hummus & Pita Co., said delivery apps have been helpful for enticing consumers, but he projects to eventually direct consumers to its own established delivery app and website. He will revive the sale on his own app with a bonus program.

Nearly half (47%) of all dinner meals purchased from a restaurant are consumed at home, but most of those meals being picked up or carried out, said David Portalatin, an analyst with The NPD Group. Restaurant online orders have grown on average 23% annually since 2013 and will triple in volume by 2020, he said.

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