Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
Uber Eats, the food delivery arm of
Uber Technologies (NYSE:UBER), has said it will add Germany to the group of European countries where it does business. Germany will mark the 10th European country for the service, plus the Republic of Ireland and the U.K.
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Lyft is piloting B2B on-demand delivery in certain US markets.
Adding delivery is part of the company s long-term growth strategy.
Lyft said merchants are looking for delivery partners that allow them to keep relationships with customers.
Just when the crowded delivery space was thinning out amid consolidation, another operator is rearing its head in the highly competitive segment led by DoorDash, Grubhub, and Uber Eats .
Ride-hailing operator Lyft updated investors on its B2B delivery service, during its quarterly earnings call on Tuesday. The service is part of its long-term growth strategy. What COVID taught everyone is that the world is moving obviously even faster to e-commerce and local delivery, John Zimmer, co-founder and president of Lyft, said on the call.
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DoorDash is the No. 1 restaurant delivery company in the US but has been quietly expanding its partnerships with Walmart, CVS, Walgreens, 7-Eleven, and Macy s.
The company is now delivering cough medicine, pet supplies, paper towels, and shampoo.
Among delivery apps, DoorDash is now the leader for convenience store spending – well ahead of Instacart, according to Edison Trends.