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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)

  • Getir Revenue and Usage Statistics (2022)
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  • Grubhub Revenue and Usage Statistics (2022)
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  • DoorDash Revenue and Usage Statistics (2022)

How Many People Use Uber Eats,

Source: https://www.businessofapps.com/data/uber-eats-statistics/

Posted by: mcglonelibse1995.blogspot.com

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