wordpress blog stats
Connect with us

Hi, what are you looking for?

Uber starts grocery delivery in Latin America and Canada

Uber has started grocery delivery in Latin America and Canada, the company announced on Tuesday. In the cities where grocery delivery will be available in these territories, Uber will be relying on its acquisition of Cornershop, a Chilean grocery delivery startup. In Latin America, Uber will be delivering groceries in Brazil, Chile, Colombia, and Peru. In Mexico, one of Uber’s largest markets outside the US, the company awaits regulatory approvals. “Uber and Cornershop continue to work closely with COFECE, the Mexican Competition Authority, as they assess the final component of the investment, bringing together Uber and Cornershop in Mexico,” the company said in a statement.

As the ridesharing and cab booking company faces a global shortage in ride demand amid the COVID-19 pandemic, moving goods is an opportunity the company has been moving towards. In the US, the company announced on Monday that it would acquire Postmates, a large delivery startup, for $2.65 billion. “Postmates has been an early pioneer of “delivery-as-a-service,” which complements Uber’s growing efforts in the delivery of groceries, essentials, and other goods,” the company said. In an interview with CNBC, Uber CEO Dara Khosrowshahi said that he was confident this acquisition would help Uber become profitable by 2021. As the recession set in, Uber laid of 6,700 employees, including one-fourth of its India workforce.

Uber deliveries in India

In India, Uber sold off its Uber Eats business to Zomato in January, leaving the company with few options to pursue grocery delivery in the country immediately. Zomato started delivering groceries almost immediately after the country started locking down, announcing delivery of essentials under the Zomato Market brand, though Mint reports that it is scaling back on that effort as restaurant orders have started to recover. Uber has taken baby steps towards delivery, announcing a pickup-and-drop service called Uber Connect.

You May Also Like

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

Technology was what allowed e-commerce companies to react, and then adapt, to unprecedented lockdowns in the country, brought on by the COVID-19 pandemic. Faced...

News

Online food delivery platform Zomato raised $250 million from five different investors as part of a primary round led by Kora Management. The latest...

News

Uber has lost a final appeal in a protracted legal battle in the United Kingdom over whether its drivers are self-employed or legally-recognised workers...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ