[ELI5] How do delivery services like Uber Eats make money when a rider get’s $5+ per delivery?
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They make some ££$$ from the takeaways as they charge them for the rental of the service ,listings and promotion..
They make some ££$$ from the takeaways as they charge them for the rental of the service ,listings and promotion..
I strongly don’t believe they lose billions, sounds like accounting trickery ie charging subsidiaries ‘license fees’, ‘high interest loans’
I also don’t believe they’re rolling in it.
Previously they forced restaurants to charge same price as their menu. There were a lot of leaks that they were charging restaurants 25-30%… meaning many places were probably not making a profit.
It looks like that changed 2-3 years ago. Now if you look at the menu, then jump online to see the restaurant menu, you’ll also see prices are around 25-30% higher. + the add on the delivery fee of $8-9 AUD in Australia
I strongly don’t believe they lose billions, sounds like accounting trickery ie charging subsidiaries ‘license fees’, ‘high interest loans’
I also don’t believe they’re rolling in it.
Previously they forced restaurants to charge same price as their menu. There were a lot of leaks that they were charging restaurants 25-30%… meaning many places were probably not making a profit.
It looks like that changed 2-3 years ago. Now if you look at the menu, then jump online to see the restaurant menu, you’ll also see prices are around 25-30% higher. + the add on the delivery fee of $8-9 AUD in Australia
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.
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 😂
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