[ELI5] How do delivery services like Uber Eats make money when a rider get’s $5+ per delivery?
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a lot of them don’t make money, actually. I don’t know the specific numbers on Uber Eats, but Uber as a company has been cash-flow negative for it’s entire existence. They’re burning investment capital in order to push top-line growth. Not profitable yet. Might never be profitable.
a lot of them don’t make money, actually. I don’t know the specific numbers on Uber Eats, but Uber as a company has been cash-flow negative for it’s entire existence. They’re burning investment capital in order to push top-line growth. Not profitable yet. Might never be profitable.
They increase the price of all the dishes/products by ~10% (specific case here in Italy, with Glovo) and the restaurants also have to pay some of their share. Then you usually pay a service fee in addition to this.
In short, they take a cut from the top, from the bottom and from the middle. And a bit of that goes to the driver.
They increase the price of all the dishes/products by ~10% (specific case here in Italy, with Glovo) and the restaurants also have to pay some of their share. Then you usually pay a service fee in addition to this.
In short, they take a cut from the top, from the bottom and from the middle. And a bit of that goes to the driver.
Hello Philippines 😂 We have GrabFoods here particularly and their prices clearly exploits the term “inflation”. Most of the menu item shoots up to 25% increase while the quality and serving is going south 😂
Hello Philippines 😂 We have GrabFoods here particularly and their prices clearly exploits the term “inflation”. Most of the menu item shoots up to 25% increase while the quality and serving is going south 😂
Hello Philippines 😂 We have GrabFoods here particularly and their prices clearly exploits the term “inflation”. Most of the menu item shoots up to 25% increase while the quality and serving is going south 😂
Hello Philippines 😂 We have GrabFoods here particularly and their prices clearly exploits the term “inflation”. Most of the menu item shoots up to 25% increase while the quality and serving is going south 😂
Uber Eats and similar companies use the same strategy, they charge standard or convenience delivery fees (between $1-5 depending on the market). It also takes a cut on the restaurant owners’ revenues (anywhere between 15-40% of every order depending on the market). And it collects marketing and advertising fees from restaurant partners.
Uber Eats and similar companies use the same strategy, they charge standard or convenience delivery fees (between $1-5 depending on the market). It also takes a cut on the restaurant owners’ revenues (anywhere between 15-40% of every order depending on the market). And it collects marketing and advertising fees from restaurant partners.
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