Uber sees 'fundamental shift' in food delivery demand

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Uber's food delivery business has more than doubled, as the pandemic increases appetite for online grocery orders and restaurant takeaway. The firm said revenue from its Uber Eats service hit $1.4bn (£1bn) in the three months to 30 September, jumping 124% from the same period in 2019. The growth helped offset steep declines in the firm's core rides business. But Uber still recorded a loss of about $1.1bn in the quarter, roughly the same as last year. Uber boss Dara Khosrowshahi said demand for food delivery has stayed strong even as countries lift restrictions, a promising sign for growth in the Uber Eats business.

Source: https://www.bbc.com/news/business-54834809

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