Instacart eyes high-margin revenue growth via Uber Eats. Partnership also adds value for Instacart+ members and expands Uber Eats’ reach http://ow.ly/cLoN105zPWH
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Navigating online subscriptions can be tricky, especially when companies use dark patterns to keep you from cancelling. Here's a deep dive into DoorDash's DashPass cancellation process, highlighting how various design choices discourage users from cancelling subscriptions. Stay informed and make decisions that suit you best! https://lnkd.in/gfyXQDnE #DarkPatterns #DeceptiveDesign #RoachMotel
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How many times have you pulled up Amazon and ordered something? Or gotten an Uber or Lyft? Ordered DoorDash? It’s ALL digital. So when I tell you the Legacy Builder digital marketing program has brought in $8.4 million in just over 2 months, you shouldn’t be surprised. Digital is where it’s at! The digital blueprint we use shows me exactly how to have $900 days and to be successful! Comment READY to see the blueprint details ✨ #dailypaywithsuccess #chronicallydisabledmama #digitalmarketingforbeginners #makemoneyonlineathome #legacybuilder
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Data Science at Logitech | AWS Community Builder 🥷(ML & GenAI) | Talks and Writes about AI, AGI & Cloud Deployments of AI & AGI | Public Speaker 🎤| Blogger 📚| Unlocking Data Secrets with Math & AI 👨🔬
Check with this use case how companies are using Bedrock. Here you go how iFood built their first Virtual Waiter for their customers using Amazon Bedrock. Check ✅ out: https://lnkd.in/gnNA8RNR
How iFood quickly built a virtual waiter with Amazon Bedrock | Amazon Web Services
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Bad shopping decisions: we've all been there. But have you ever spent $1.1 billion on one? Uber has! 💰 In 2021, Uber splashed $1.1 billion on Drizly, an Uber Company - an independent alcohol delivery platform - with a plan to tuck it into the Uber Eats branch. Fast forward to 2024, and Uber will wipe Drizly off the map. 🎲 Why this dramatic turnaround? Uber is playing a high-stakes game of Monopoly, re-strategizing to shape Uber Eats into a 'get-whatever-you-want-from-anywhere' service. 💥 After a crippling data breach in 2020 that left 2.5 million customers exposed, the FCC mandated a massive purge of unnecessary personal info and a security fortress construction. 🥂Yet despite these hiccups, Uber's confident it's struck gold with alcohol delivery. They've already seen their alcohol sales double, delivering across 35 states and 25 countries worldwide. This audacious strategy echoes Uber's earlier $2.65 billion acquisition of Postmates by Uber in 2020, riding on the success of Uber Eats' introduction of chatbot features and multi-store ordering options. Food? Drink? Groceries? It seems Uber Eats is playing to win. But will it pay off, or is this a $1.1 billion gamble? #fooddelivery #egrocery #foodtech #brand30
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Enjoyed this recent interview with Dara Khosrowshahi and Kara Swisher Here are a few things that stood out to me: 1. Dara says that Uber does over 1 million trips every single hour. WOW! That's a big number, and I think sometimes people forget the magnitude and scale that Uber, Lyft, Doordash, etc. are operating at. 2. Dara thinks Uber's advertising revenue could be over $1 billion of revenue next year. I just did a podcast with Emil Michael about Instacart's IPO and we were both impressed at the ad revenue they have been able to generate on what is basically a break even business model otherwise. Most of Uber's ad revenue is coming from Uber Eats since they can suggest new SMB restaurants to frequent diners and this is a great use case/example. But on the rides side, their product has a ways to go. It seems like they're basically just showing random ads to a high volume of people, which typically results in a very low CPM. I asked my friend and ad expert James Borow, host of the Taking Inventory podcast, about this and he said "Uber is a giant panel so they have both the first party data (who) but also the context. This is the holy grail in advertising if you have massive scale around it. Knowing the customer and their context could lead to justifiably high CPMs - there is no reason these ads can’t drive value - they just need to build the ad platform the right way” So the tldr here is that their rides ad product is not great right now, but they have a ton of opportunity here to improve and drive more revenue. 3. Dara says that Uber's take rate is just 15%?! If you survey 1,000 drivers, I don't think a single one will agree with this statement. This is one of Uber's biggest issues with drivers atm since their take rate according to their latest financials was just 28%, but drivers will ALL say that it's much higher. Kara did a good job pointing out that on certain trips (like longer/surge ones), Uber's take rate can be as high as 60 to 80%, and I think Dara could have done a better job explaining this. Uber has some work to do in improving their product, messaging and more around take rate. The good news is that their actual take rate is reasonable, they just need to convince drivers since perception is often more important than reality.
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Join me live on Zoom Tuesday March 26th! I’m sitting down with the VP of Growth at DoorDash - Brian Hale to talk about product growth strategies. DoorDash offers multiple services within one app (or what I call a “theme-based super app”) so it should be an interesting conversation! We’ll be covering: 1️⃣ - Customer and channel acquisition strategy and optimizing LTV:CAC 2️⃣ - Usage expectations and how to get customers to use more than one product 3️⃣ - Creating attractive membership programs that drive loyalty and long-term retention What else would you ask Brian? Leave a comment below if there’s something you want to know about DoorDash’s growth strategy… … and use this link to register in advance 👇 ZOOM registration Link: https://lnkd.in/gAweQgeZ #doordash #superapps #product #growth
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