The coronavirus pandemic handed food-delivery companies an unprecedented business opportunity: millions of Americans stuck at home, missing their favorite restaurants.
Yet they are struggling to profit from one of the greatest food-delivery markets in decades. Companies including Grubhub Inc. and Uber Technologies Inc.’s Uber Eats division, are losing money on delivery orders or barely breaking even. And they say they aren’t sure how many diners will stick with delivery after stay-at-home orders are relaxed.
Dude this is just the beginning, imagine restaurants having to pay the same cost with 25% the consumers and more loans (ppp) and higher taxes ( from paying the ppp) get ready! SpeakerPelosi stevenmnuchin1 realDonaldTrump VP
Americans, stop being stuck at home. End this lockdown crap.
Add on tax, tip and delivery fees and it’s almost as much as the food. Pass. I can make a salad at home.
As restaurants are forced to takeout and delivery service only, the fees that third-party providers charge them has come to the forefront.
Grub Hub is a con that is taking advantage of restaurants. They put up fake phone for restaurants to keep you from ordering directly. Then they overcharge the restaurant that wouldn’t have to pay them at all if the customer hadn’t been taken in by them. Screw them.
I paid an 8% package delivery fee- before the delivery fee tip and tax. I don’t see deinflation staying low long two person dinner in Austin just hit $50 before any tax tip or fee
Making almost anything at home is cheaper than delivery.
If you live where I do NO ONE delivers. No auber. No GrubHub. No nobody. Get over it.
Crazes doesn’t last long..
Delivery guys are struggling to deliver in time but stilll paid minimum wage
Online food delivery fees were expensive before the pandemic. The one positive thing about the pandemic is making food at home
Yes,true👍
price gouging 101
I prefer places that have their own drivers as employees.
This is so frustrating... WAKE UP - Who do you think is out buying food from restaurants? All those people that are Unemployed? Come on, wake up. Get us back to work, and food sales will increase.
Yes millions of Americans are stuck at home and not working so they don’t have money to spend for takeout food
That's ironic. I thought food-delivery companies would have more profits now than ever.
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Source: Reuters - 🏆 2. / 97 Read more »