UberEats Business Model
After achieving the roaring success in taxi-hailing business, Uber has decided to enter into on-demand food delivery business. Therefore, Uber has launched UberEats that is an on-demand food delivery application, which delivers the ordered food from restaurants to users. Having the support of a huge fleet of drivers at their side, UberEats can get the order delivered to users as fast as possible.
Therefore, UberEats is developed and deployed to serve users and is currently operating successfully in 71 cities across 24 countries worldwide where Uber serves the customers with both, on-demand ride-hailing and food delivery. With having 5.3 million users per month by its side, UberEats is planning to enter in many more cities. As the food tech sector is booming and is predicted to become unstoppable in the next few years, many new startups have made their debut in this industry. However, as the experienced player like UberEats has entered this market, the competition is becoming stiff. Therefore, analyzing the business model of UberEats is one of the ways to stand tall and give tough competition to UberEats. Having the support of parent company Uber and an excellent business model, UberEats has got many tricks up its sleeves.