Uber sees its burgeoning food delivery service as a $795 billion opportunity (UBER)
|04/12/2019||Posted by BusinessMediaguide.Com under General World News||
- Uber believes its Uber Eats app addresses a $795 billion market.
- So far, it believes it has only penetrated 1% of that market considering Gross Bookings for Uber Eats have reached $7.9 billion in 2018.
- The company says it views Uber Eats as being the largest meal delivery platform in the world outside of China.
Uber believes the food delivery program it launched more than three years ago addresses a $795 billion market, the company revealed in the S-1 documents it filed on Thursday as part of its initial public offering.
The serviceable addressable market for Uber Eats is $795 billion, the read more >>>