- Oct. 17, 2018
-- Uber Says Grocery Delivery is Next
Uber, a ride sharing company, is planning on entering the grocery delivery competition. The trending service is being offered by other retailers, including Kroger, Walmart and Target.
With the success of the Uber Eats restaurant delivery business, Uber CEO Dara Khosrowshahi said the company plans to move into home grocery delivery.
According to Recode, Uber Eats hit $6 billion bookings this year, growing over 200%.
Uber had recently partnered with Walmart to run a grocery delivery test earlier this year, but it ended unsuccessfully after a few short months.
"With Eats, we're getting into the business of moving food around. I think that this product of delivering great quality food to you at home in 30 minutes or less is magical and is going to move into grocery in a way that's fundamental and a lot more people are going to be eating at home…you can absolutely see grocery as being an adjacency," Khosrowshahi said at Vanity Fair's New Establishment Summit 2018 on Tuesday, according to Yahoo Finance.
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