advertisement
Facebook
X
LinkedIn
WhatsApp
Reddit

Uber Eats is leaving seven markets and the pandemic isn’t the reason

Unfortunately, since the start of the pandemic and the various lockdown measures implemented by governments around the world, we’ve seen many businesses shutter.

While news this week of Uber Eats shutting down operations in seven markets sounds very pandemic related, it actually isn’t.

By 4th June, Uber has said that it would fully discontinue Uber Eats operations in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine.

In addition to these closures Uber Eats will transfer its operations in the United Arab Emirate to its subsidiary Careem. Customers in the region who make use of the app will be transition to the Careem platform in the coming weeks.

“These decisions were made as part of Uber’s ongoing strategy to be in first or second position in all Eats markets by leaning into investment in some countries while exiting others,” said Uber in a Securities and Exchange Commission filing.

An Uber spokesperson also told TechCrunch that the closure in these regions is an ongoing strategy for the firm.

The ride sharing platform in the aforementioned territories will not be affected according to that same TechCrunch report.

The question now becomes whether Uber Eats will shutter more of its operations in more countries. The firm has become rather important for many folks in South Africa given it is delivering groceries, essentials and food since 1st May but our reliance on the app doesn’t mean its profitable for Uber to keep operating.

For now, Uber Eats is still in South Africa but we recommend using the app if you want it to stick around.

advertisement

About Author

advertisement

Related News

advertisement