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Uber CEO: We're Going After Groceries Next (yahoo.com)

Posted by msmash on from the further-expansion dept.

Uber is digging deeper into the business of food. From a report: Uber's restaurant delivery business "Eats" hit $6 billion in bookings earlier this year, growing over 200%, quickly becoming a crown jewel for the ride-sharing company. Uber CEO Dara Khosrowshahi said given the success in the delivery of food, the next logical step is to enter the grocery space. "We will move into grocery. That's fundamental. A lot more people will be eating at home. Right now we are busy with Eats, but you can see grocery as an adjacent business. We're thinking about Uber much more as a platform," he said at Vanity Fair's New Establishment Summit 2018 on Tuesday.

1 of 119 comments (clear)

  1. There's more to the world than the US by shilly · · Score: 5, Informative

    It is hilarious how parochial most Slashdot posters are.

    Online grocery shopping has been a major business in the UK, the world's most competitive grocery market (competitive, not lucrative or largest), for more than a decade.

    Perhaps Uber would like to study up about Ocado (and Sainsburys.com and Tesco.com and Waitrose.com etc etc) before they jump into this market. Perhaps Slashdotters might want to learn a little bit about them as well, before confidently declaring that online grocery shopping can never be a thing.

    Ocado's story, in particular, has many lessons to teach about platform vs exclusivity, the role of automation, the importance of new brands for online (eg Natoora), the cognitive differences in shopping decisions online vs in-store (smart lists etc).

    A few articles here:
    http://www.cityam.com/264588/d...

    https://www.thegrocer.co.uk/ch...