According to internal data from Google, searches for "food delivery services" increased by 300 percent over the past year. COVID-19 has ripple effects, and this is one of them. However, even before the pandemic, about 44% of US consumers regularly used food delivery services. Pandemic or not, it appears that now is the best time for online food startups to enter the market and tackle it. When not using UberEATS when it comes to developing an online food delivery app? UberEATS has set a benchmark for aspiring entrepreneurs in the sector with its innovative features and business strategies.
Here's how it's gaining a foothold in the food market. ● With total bookings of $4.68 billion, UberEATS has become the most powerful food delivery app. This represents a 52 percent discount on the entire industry. ● It sees a 53 percent increase in GAAP revenue to $819 million. ● UberEATS has captured the food delivery market in France, which accounts for 55% of the market. ● As the pandemic spread, UberEATS partnered with 20% of new restaurants. The rapid growth of the online food delivery industry has inspired many entrepreneurs to start their own small or medium-sized businesses.