How Many People Use Uber Eats
Uber Eats was one of several experimental services trialled in 2014, every bit and then-CEO Travis Kalanick tried to employ the company's ride-sharing platform to break into other transportation sectors.
Originally, Uber Eats delivered a fixed price menu in a small Santa Monica, California test area. The service soon expanded to include Beverly Hills and W Hollywood, and more local restaurants were invited to join. Inside a yr, Uber Eats was available in Barcelona, New York, and Chicago.
Uber has held starting time position in many countries for food commitment, although it has had to calibration back in the past few years. It concluded service in South korea and Bharat in 2019 and in several Eastern European countries in 2020. It also entered into an agreement with Russian search engine Yandex to exit Russian federation.
In its home market, Uber has been in violent competition with DoorDash, which surpassed Grubhub to go the most pop food delivery service in 2019. Uber bolstered its position in July 2020 with the acquisition of Postmates for $2.65 billion.
Even though Uber takes a cut of between twenty to 30 per centum of all orders, it has nonetheless to make a profit. The argument made by Uber is once information technology has expanded enough and the market has stabilised, Eats will be assisting, but investors are worried that fifty-fifty in the pandemic, when Uber saw its gross bookings triple, it all the same failed to generate a profit.
That said, Uber Eats has reported lower losses yr-on-year, so potentially every bit the market place consolidates, information technology may reach a betoken of profitability.
Uber Eats (and other food delivery services) are attempting to reduce costs further through the utilize of "dark kitchens", which are ready upwards by restaurants in cheaper locations and only focus on commitment. Uber recently announced it would stop providing the existent-estate for these kitchens, simply it has paved the way for many chain restaurants to utilise them.
In 2020, Eats became central to sustaining the business, as Uber's ride hailing platform saw 50 per centum less revenue than a year ago. Eats has generated more revenue than its Mobility segment since Q2 2020, although Uber expects ride hailing to overtake food delivery every bit several key countries render to normality.
We've nerveless data and statistics on Uber Eats. Read below to discover out more.
Uber Eats key statistics
- Uber Eats generated $4.8 billion in acquirement in 2020, a 152 percent increment twelvemonth-on-year
- Uber Eats gross bookings surpassed $30 billion in 2020
- Internationally, Uber Eats is the well-nigh popular food delivery service, with 66 million users
- It controls 29 percent of the global food delivery market (Fortune)
- Uber Eats is available in vi,000 cities, with 600,000 supported restaurants
Uber Eats overview
Launch date | August 2014 |
HQ | San Francisco, California |
People | Dara Khosrowshahi (CEO), Pierre-Dimitri Gore-Coty (Uber VP, Deliveries) |
Business organisation type | Subsidiary |
Parent company | Uber |
Industry | Nutrient delivery |
Uber Eats acquirement
Uber Eats annual revenue
Twelvemonth | Revenue |
2017 | $0.6 billion |
2018 | $i.5 billion |
2019 | $1.9 billion |
2020 | $iv.viii billion |
2021 | $8.3 billion |
Sources: Business Insider, CNBC, Bloomberg, Uber
Uber Eats gross bookings
Year | Gross bookings |
2017 | $3.ane billion |
2018 | $7.nine billion |
2019 | $14.5 billion |
2020 | $30.two billion |
2021 | $51.6 billion |
Sources: FT, CNBC, Uber
Uber Eats users
Year | Users |
2016 | 5 1000000 |
2017 | ix 1000000 |
2018 | 15 million |
2019 | 21 meg |
2020 | 66 one thousand thousand |
2019 | 81 million |
Notation: This is an estimate
Sources: Eater, Skift, ZDNet, Uber
Uber Eats cities available
Year | Cities available |
2017 | 120 |
2018 | 200 |
2019 | 500 |
2020 | 1,000 |
2021 | 6,000 |
Source: Uber
Uber Eats supported restaurants
Year | Supported Restaurants |
2017 | fourscore,000 |
2018 | 100,000 |
2019 | 220,000 |
2020 | 600,000 |
Source: Uber
Uber Eats yearly average user spend
Year | Average User Spend |
2017 | $141 |
2018 | $220 |
Source: Rakuten
Uber Eats The states food commitment marketshare (%)
Year | US marketshare |
2016 | three |
2017 | xiii |
2018 | 24 |
2019 | 21 |
2020 | 30 (with Postmates) |
Sources: Fortune, FT
Uber Eats marketshare vs US competitors
Sources: Forbes, Rakuten, Fortune, QZ, Second Measure out, FT, CNBC
Uber Eats FAQ
What is the average Uber Eats delivery fourth dimension?
The average Uber Eats order takes xxx minutes
What is Uber Eats valuation?
Uber Eats has been valued at $20 billion (WSJ), although that has most likely increased in 2020
What is the most popular delivery asking on Uber Eats?
The most popular commitment asking in the US is no onion, followed by extra sauce and no tomatoes
What is the average annual spend per consumer on Uber Eats?
Average annual spend per consumer on Uber Eats at $220.37 (Slice Intelligence)
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How Many People Use Uber Eats,
Source: https://www.businessofapps.com/data/uber-eats-statistics/
Posted by: mcglonelibse1995.blogspot.com
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