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Taiwan's Fair Trade Commission (FTC) is set to closely examine the impact of food delivery platform Uber Eats' planned acquisition of foodpanda on market competition, with a particular focus on changes in market share, the commission's chair said Thursday.
Uber Eats is slinging out a free perfume box that is said to feature five scents inspired by period-era bad bois.
Amid rising concerns about autonomous driving technologies, Morgan Stanley analyst Brian Nowak maintains an Overweight rating on Uber with a bullish $90 price target. Highlighting Uber's lower growth-adjusted multiple compared to competitors, Nowak underscores the potential for significant upside, driven by robust multi-product strategies and expanding market opportunities, especially in the face of competitors like Lyft and Maplebear.
Uber Eats announced the addition of some new features, directly aimed at grocery delivery. And it is targeting small grocers and retailers.
Small and medium-size businesses that delivery platform works with include local grocery stores