Here’s how the cost of a burger and fries on Uber Eats compares with Postmates, Grubhub and DoorDash.
Uber UBER, -7.62% had a lackluster IPO Friday with stock trading below its IPO price of $45. The success of Uber Eats is critical part of the company’s strategy going forward, Uber said in its IPO prospectus. The rideshare app’s Uber Eats platform, with a network of restaurants in over 500 cities globally, raked in $7.9 billion in gross bookings in 2018, according to the IPO prospectus filed with the Securities and Exchange Commission.
Grubhub added a delivery fee and a suggested tip , however, users can choose their preferred amount of gratuity. Postmates added “tax and fees” charge, plus a $3.99 delivery charge; and automatically added a tip . Uber Eats charged the same standard menu price for the burger and fries, and a delivery fee of just $1.49 and a lower $1.70 service fee.
Restaurants typically pay 20% to 30% per order to delivery apps. Many restaurants use multiple third-party platforms. Restaurants typically pay 20% to 30% per order to delivery apps, and many restaurants use multiple third-party platforms.
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