Uber Eats is a food delivery platform that connects restaurants with customers who are looking for food delivery. The platform allows restaurants to post menus and food delivery times, and connects customers with restaurants nearest them.
Restaurants can also earn money from Uber Eats by charging a delivery fee, and by participating in Uber Eats’ promotions.
As of September 2018, Uber Eats was estimated to be worth $11.8 billion. Approximately one-third of Uber Eats’ revenue comes from delivery fees charged by restaurants, while the remaining two-thirds comes from advertising and other services.
The percentage of restaurants that participate in Uber Eats’ delivery fee program has increased in recent years, as it is a way for restaurants to make more money while also providing delivery service. The delivery fee program also allows restaurants to bypass the need to invest in delivery vehicles, which can be expensive to purchase and operate.
Overall, Uber Eats provides a convenient and easy way for customers to find and order food from restaurants near them. The delivery fee program allows restaurants to make money while also providing delivery service, and the advertising and other services offered by Uber Eats provide additional revenue opportunities for restaurants.