Uber’s drive to go public is lighting a fire under an already-sizzling market for online food delivery, where everyone wants to eat each other’s lunch.
In preliminary initial public offering papers filed last week, the ride-hailing giant makes it clear that its food-delivery arm, Uber Eats, will be an area of heavy investment for some time. This is for good reason—Raymond James estimates the total takeout market in the U.S. will reach $269 billion this year, with online penetration rates rising from under 7% last year to 30%...
They tell patrons That tips are included. They are not. Tip your delivery people!
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