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UberEats and Uber: Inside the World of Food Delivery and Rise Sharing

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The world is quickly changing. Not just because of Covid-19 and advancements in artificial intelligence and technology, but also for our growing need for instant gratification and timeliness of services. With more people now staying home and ordering out, this is more true than ever before.

A perfect example of this can be seen in the world of online food delivery. When looking at the many different food delivery apps and services out there, many names will come to mind. The most popular ones being UberEats, DoorDash, Postmates and more.

What seemed like a crazy idea at first, has now become one of the fast growing and in-demand markets today.

Of the many names featured in this space, UberEats is definitely one of the most popular and successful ones out there. And this is also due in part to Uber being the most successful ride sharing program out there as well.

With all of that being said, let’s now take a look at some of the mind blowing numbers behind Uber and how it continues to take market share in the world of ride sharing and food delivery.

Uber and UberEats Stats to Blow Your Mind

When it comes to the most basic information on UberEats, the company behind it and who is running the company, this quick summary from Business of Apps comes in handy.

When looking at the information below, it will likely be quite surprising that the company was first founded in 2014. What is now more than 6 years ago, seems like a lifetime ago, as 2020 quickly changed the usage and demand for Uber and their UberEats food delivery service.

Launch dateAugust 2014
HQSan Francisco, California
PeopleDara Khosrowshahi (CEO), Pierre-Dimitri Gore-Coty (head of Uber Eats)
Parent companyUber
IndustryFood delivery

In that same resource article, we can also see that UberEats continues to grow in annual revenue year over year.

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And as expected, depending on how Covid-19 plays out, these numbers can just continue to climb as we move into 2021 and beyond.

Where is UberEats Most Popular?

As UberEats continues to make itself more accessible and popular around the world, so grows the demand for the mobile-application and business.

However, depending on where you search, the service is heavily in demand in more areas than orders. And according to Statista, Miami, Atlanta, Dallas Fort Worth, Washington DC and Chicago are leading the way.

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Uber as a Stock

As the company continues to grow in size and reach, the expectations for them to go live with their own IPO and becoming a publicity traded stock quickly happened before all of our eyes. However, as popular as the concept of ride sharing has become, from a business model and success standpoint, it hasn’t been as smooth.

While many businesses have thrived during 2020 due to Covid-19, Uber’s stock has been pretty solid in it’s performance across the board and not moving much in either direction when looking at its performance over the past year.

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Uber vs. Lyft

With so much discussion about UberEats, what about the on-going battle between Uber and Lyft? Well, in the ride sharing space, these two names continue to battle it out -- but both are doing extremely well.

Recent comparative ride sharing stats show that Uber is still winning this battle, as they currently have over 55 million active users in 63 countries. Lyft currently sits around the 20 million member levels.

Uber and UberEats: Today, Tomorrow and Where It’s Headed

For many of us, the introduction of Uber has completely changed the way we travel around the world today. Gone are the days when you need to look up and call a local taxi service. It’s just way too easy to click a button on your mobile device and have a car at your desired location within minutes.

On the business side, it’s a safe bet to say that Uber and UberEats will be around for quite a while. The demand for these services are just too high, and we can be sure that they will continue to adapt and change their business to make it through any business and living environment.

While all of this can be said about Uber… the best question is how will other competitive solutions fair? Only time will tell.

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Syandita Malakar Hi guys this is Syandita. I started Business Module Hub to help you all to post updated articles on technologies, gadgets. Although I love to write about travel, food, fashion and so on. I quite love reading the articles of Business Module Hub it always update me about the new technologies and the inventions. Hope you will find Business Module Hub interesting in various way and help you accordingly. Keep blogging and stay connected....!

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