Uber sees 'fundamental shift' in food delivery demand

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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