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Google Waymo's Self-Driving Cars Begin Delivering UberEats Orders In Phoenix Metro Area
Thursday, April 4, 2024 - 4:41am | 548In a groundbreaking move, Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) Waymo’s self-driving cars have started delivering UberEats by Uber (NYSE:UBER) orders in the Phoenix metropolitan area. This marks the first time autonomous vehicles have been used in the partnership between Waymo and Uber. What...
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Starbucks Joins Forces With Uber Founder's CloudKitchens To Supercharge Sales Beyond Cafes
Wednesday, June 7, 2023 - 4:32am | 337Starbucks Corporation (NYSE:SBUX) is actively pursuing strategies to maintain the momentum it has gained since its reopening after the COVID-19 pandemic. What Happened: In a move to drive sales beyond its traditional outlets, Starbucks has partnered with CloudKitchens, a venture led...
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Why Investors Should Care About Uber Eats Sale In India
Tuesday, December 17, 2019 - 4:41pm | 385Uber Technologies Inc (NYSE: UBER) is reportedly in talks to sell its food delivery business in India and a potential M&A deal is "particularly important" to the company, according to Morgan Stanley. The Analyst Morgan Stanley analyst Brian Nowak maintains an Overweight rating on Uber...
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Fast-Growing UberEats Creates Hunger For Profit
Tuesday, September 3, 2019 - 9:21am | 601Whether or not Uber Technologies Inc. (NYSE: UBER) will profit as a public company permeates the news cycle, and the pressure is now on UberEats – the smaller, fast-growing Uber segment. Days ago, Forbes asked in a headline, "Is Uber Eats Keeping Uber Stock Healthy?" Thirteen percent of Uber's...
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3 Takeaways From Uber's Q2 Print
Monday, August 12, 2019 - 12:12pm | 622Uber Technologies Inc. (NYSE: UBER) continued to find some sell-side appreciation on Monday despite ongoing investor squeamishness over a disappointing second quarter report last week in which it missed revenue and earnings estimates. JMP Securities on Monday joined a small chorus of analysts...
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GrubHub Leads The Online Restaurant And Delivery Sector, Says KeyBanc Analyst
Thursday, April 19, 2018 - 11:04am | 395GrubHub Inc (NYSE: GRUB) stock has gained 175 percent since the start of 2017, which has some analysts suggesting investors move to the sidelines. But after conducting firsthand checks with restaurant owners and managers, KeyBanc Capital Markets said the case for further upside can still be made...
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Drunk And Hungry? Taco Bell And Lyft Hope To Solve Your Problems With 'Taco Mode'
Wednesday, July 26, 2017 - 8:49am | 491Gone may be the days when you have to tell your Lyft driver to make an impromptu stop at the Taco Bell when your on the way home from the bar. Beginning Thursday, Yum! Brands, Inc.'s (NYSE: YUM) Taco Bell will test a feature that allows Lyft passengers to push a button to have their driver to...
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Supersize Me Again: McDonald's Wants You To Curl Up With A Big Mac In New Sweats, Jammies Lines
Monday, July 24, 2017 - 2:04pm | 458Move over, American Eagle Outfitters (NYSE: AEO). There’s a new contender in clothing retail, and it’s gonna be big. Supersized, even. McDonald’s Corporation (NYSE: MCD) will launch its limited-edition apparel and merchandise line July 26 in honor of Global Delivery Day. “To...
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Amazon Is Gaining In The Online Food Delivery Space
Monday, April 17, 2017 - 11:55am | 515Amazon.com, Inc. (NASDAQ: AMZN) is not one to let go of any opportunity without a real fight despite its dominant positioning in the online marketplace. This could be one of the reasons that the company has seen staggering growth over the years. Now, news has it that Amazon is making meaningful...
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Oppenheimer Upgrades GrubHub, Sees Biggest Threat Towards Food Ordering As An Opportunity
Wednesday, April 12, 2017 - 12:12pm | 378Jason Helfstein of Oppenheimer upgraded GrubHub Inc (NYSE: GRUB) from Perform to Outperform with a newly established $42 price target. According to a survey conducted by Helfstein, consumers have made it clear they prefer to order food directly from a restaurant so they can pose questions on the...
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After Boats, Seaplanes And Autonomous Cars, Uber's Latest Experiment Is Food
Monday, March 6, 2017 - 3:25pm | 570Even as Uber faces perhaps the most challenging time in its short corporate history, the ride-sharing app continues to add new features to its basic model, with the latest being the expansion of the UberEATS service. The food delivery is adding a lunch feature with access to 55 restaurants in...
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Online Food Delivery: Amid Fierce Competition, Grubhub Remains No. 1 For Now
Tuesday, December 13, 2016 - 5:03pm | 375With increasing competition and growth in the online food delivery space, GrubHub Inc (NYSE: GRUB) is still the brand leader, according to Loop Capital. Grubhub has a 40 percent market share, aided by its brand recognition, despite Uber’s entrance into the market with UberEATS, which...
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Uber Launches Meal Delivery Initiative UberEATS In 2 European Cities
Thursday, June 16, 2016 - 12:11pm | 199UberEATS, a meal delivery service app from Uber is now available in London and Paris, in addition to 15 other cities across the world, according to a Reuters report. The service, which launched in London on Thursday, works similarly to the ride-hailing parent company in that users can order food at...
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Report: Amazon Will Charge Restaurants 27.5% Of Total Bill For New Mobile Ordering Platform
Monday, February 8, 2016 - 9:29am | 216Amazon.com, Inc. (NASDAQ: AMZN)'s entry into the fast growing restaurant mobile ordering platform will come at a steep cost to restaurants, according to a report by the New York Post. According to the New York Post, Amazon will charge restaurants and eateries 27.5 percent of the total check...
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Uber Goes Gourmet
Thursday, January 21, 2016 - 9:07am | 333Ride-sharing phenomenon Uber is planning to officially launch its meal delivery service in select U.S. cities in the coming weeks as part of a pilot program to determine whether or not the company can incorporate logistics into its business model. Uber customers in places like Los Angeles and...