India  
NewsR.in
> >

Is Uber Set to Buy Out This Popular App?

One News Page Staff Sunday, 23 September 2018
Is Uber Set to Buy Out This Popular App?by 👨‍💻 Adam Yardley

Uber, the taxi-hailing app which has grown in popularity with smartphone users over the years, has had something of a mixed 18 months or so. The firm had recently been hit not only with claims of a controversial workplace culture, but allegations of poor standards when it came to vetting drivers for their service. The fallout saw the installation of a new CEO, and a number of court cases open and close across the world. Italy still isn’t in favor of the app at all – while the firm has provisionally won an appeal against London transport executives who originally banned the app outright.

Now, it seems, Uber is on a mission to remain on the straight and narrow, and even to start expanding. Before the flurry of controversy that led the name to the headlines in recent history, the company was trialling various different types of delivery service – their UberEATS service has been growing for some time, too, where users can request that Uber drivers deliver fast food and restaurant cuisine to their doors. Recently, it’s emerged that there are discussions taking place with regard to Uber taking over popular delivery service Deliveroo, at least according to Bloomberg and their sources.

Uber Said to Be in Talks to Buy Europe's Deliveroo
Uber Said to Be in Talks to Buy Europe's Deliveroo

At the time of writing, neither Uber nor Deliveroo have been obliged to offer a statement confirming nor denying the news, though if reports are to be believed, it may be a multi-billion dollar acquisition which will effectively swallow Deliveroo into the Uber brand. For territories such as the UK, the news has led to a dip in market value for local delivery branding – particularly Just Eat, which is seen as a huge market leader in home food delivery in Britain, assuming up to a third in share.

Uber could buy Deliveroo food courier service
Uber could buy Deliveroo food courier service

Analysts and experts feel that an Uber-Deliveroo hybrid could be enough to allow them to dominate food delivery as a whole. Edison Investment Research’s Paul Hickman, quoted by the BBC, feels that the crucial difference between an Uber-Deliveroo model and Just Eat’s current setup could make all the difference. “Uber has a comprehensive app-driven distribution system and an international reputation, while Deliveroo’s business model encompasses ownership of the delivery function, unlike Just Eat which relies on restaurants’’ own delivery drivers.”

Is there any truth to claims regarding an acquisition? Who’s to say – but it could make all the difference for home delivery in the very near future.

0
shares
ShareTweetSavePostSend
 

You Might Like


Recent related videos from verified sources

Restaurant Report Card checks out 3 restaurants in Wyandotte [Video]Restaurant Report Card checks out 3 restaurants in Wyandotte 02:58

Restaurant Report Card is vetting your favorite places to grab a bite in Wyandotte. This week 7 Action News' Andrea Isom rolls into a sushi spot, a popular pub and a little pierogi palace! The Taking..

Credit: Rumble - Published

One of America’s Best Japanese Bakeries Is Hiding Out in a Midwest Suburb [Video]One of America’s Best Japanese Bakeries Is Hiding Out in a Midwest Suburb 00:54

Does this country have it all, or what? 

Credit: Food & Wine - Published

NFL QB Jameis Winston Reaches Settlement Over Harassment Lawsuit [Video]NFL QB Jameis Winston Reaches Settlement Over Harassment Lawsuit 00:33

Buccaneers QB Jameis Winston has reached a settlement with a female Uber driver who claimed he groped her in March 2016. According to Deadspin, this is the second sexual assault-related lawsuit Winston..

Credit: Wochit - Published

Study Reveals America's Favorite Parenting Hacks [Video]Study Reveals America's Favorite Parenting Hacks 01:07

Putting food coloring into food to make meals more fun, adding sprinkles to broccoli, and keeping the iPad only 35% charged are some of the more creative "parenting hacks" uncovered in a new study. The..

Credit: SWNS STUDIO - Published

This Instagram Account Shows What Popular Movie Locations Look Like Now [Video]This Instagram Account Shows What Popular Movie Locations Look Like Now 00:50

Do you ever get excited when you see a movie and recognize the places they filmed?

Credit: Travel & Leisure - Published

Chile Relleno Pizza in Mexico City [Video]Chile Relleno Pizza in Mexico City 01:46

This article is from ThrillistWhen people think of Mexico City, pizza typically isn't the first thing that comes to mind. But amid all the tacos and quesadillas, Mexico City has way more to offer --..

Credit: Thrillist - Published

Millennials are Waking Up Financially [Video]Millennials are Waking Up Financially 01:09

American millennials have their "financial awakening" at the age of 33, according to new research. A new study exploring the financial habits of 2,000 American millennials found the average respondent..

Credit: SWNS STUDIO - Published

Priyanka Chopra angry reaction on Social media Trollers; Check Out | FilmiBeat [Video]Priyanka Chopra angry reaction on Social media Trollers; Check Out | FilmiBeat 02:07

Priyanka Chopra angry reaction on Social media Trollers. Priyanka Chopra and Facebook have come together to do a four-hour live event, which will see the actor driving conversations with some of the..

Credit: Rumble - Published


Tweets about this


Other recent news in Business

True feelings, finally: CONGRESS targets Modi as Arvind Subramanian slams DemonetisationSOUTH KOREAN COURT ANGERS JAPAN WITH ORDER TO COMPENSATE WARTIME labourers
AMAZON LAUNCHES machine learning chip, taking on Nvidia, IntelGDP back series data: Having a new base year is fine, but high growth post-DEMONETISATION is surprising
•More original news reports from newsR
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2018 newsR / One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest