Money
Uber takes on Amazon with grocery business expansion
Competition in the online grocery business is heating up
Uber has expanded its grocery delivery business into 400 cities including New York and San Fransisco.
The expansion was fueled by a partnership with the parent company of Safeway and Acme.
Uber is seeing if it can take a cut of the market of delivered groceries, going head to head with Amazon.
Grocery delivery has become an important component of Uber’s business. As more people stayed home due to lockdowns during COVID-19, the number of rides people were taking dropped significantly.
“Uber is uniquely poised to meet consumers’ growing desire to get the things they need from grocery stores and other merchants in an on-demand fashion within hours, if not minutes, rather than days,”
the company said.
The ride-hailing company expects to be able to offer grocery delivery to customers right across the US by the end of the year.