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Technology Stocks : Uber Technologies and Lyft Inc. IPOs
UBER 92.75-2.1%Nov 5 3:59 PM EST

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To: Glenn Petersen who wrote (128)3/31/2020 12:07:57 AM
From: FR1  Read Replies (2) of 266
 
Uber is sitting on a gold mine and I don't know why they don't take it.
Uber rides down 70%

Uber has UberEats but they only pick up and deliver.

Instacart goes to the supermarket of your choice and shops your list of groceries and delivers them to you. They normally do same day delivery but they are so overwhelmed that your order is delivered 4 days from now. They want to hire 300,000 people - Source:
forbes.com

Why doesn't Uber simply expand UberEats to become a competitor to Instacart? Instacart marks up all the groceries, charges you for the trip and asks for tips. Impossible to lose money. It is a money maker and right up Uber's alley.

I used Instacart for the first time and I am going to use them forever.
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