Ubereats is an exploratory service trialed in 2014 by Uber’s then-CEO Travis Kalanick. It started servicing a small Santa Monica test area and made it to Beverly Hills and West Hollywood. After a year, it became available to New York, Chicago, and even reached Barcelona! After a successful launch, Ubereats had its standalone app separate from its ride-sharing app Uber. Today, Ubereats serves 1,000 cities and is partners with 500,000 restaurants. Uber recently announced the acquisition of its San Francisco-based rival Postmates Inc for 2.65 billion USD increasing its market share to 30%. On another note, Uber Eats reportedly controls 29 percent of the global food delivery market.
4. Delivery Hero
Total revenue: 1.37 billion USD
Delivery Hero’s revenues in the third quarter of 2020 grew to 99% YoY to EUR 776 million. The European-based food delivery app is founded in Berlin. Delivery Hero offers all the restaurant food you can think of from organic food to vegan cuisine and Asian dishes too! Delivery Hero serves 40 countries and is available to 300 cities in Europe. It was founded in 2018 and started with a revenue of 687 million EUR and is now expected to achieve approximately 2.6 billion EUR.
One of the nation’s largest food delivery companies is Grubhub which caters to 300,000 restaurants in their food delivery platform. Grubhub currently has 22 million active diners and is serving 4,000 cities in the U.S. Grubhub was founded in 2004 in Chicago, Illinois, and merged with Seamless Platform in 2013.
2. Amazon Food
Total revenue: 3.6 billion USD
Yes, we all know Amazon (NASDAQ: AMZN) has launched Amazon Pantry and Amazon Fresh which delivers grocery products to your doorstep. Amazon recently challenged the Indian food delivery market like Zomato and Swiggy as they enter the Indian market and started servicing some pin codes in Bengaluru. The e-commerce giant has entered the Indian market by investing over $6.5 billion. The e-commerce tycoon started offering lower commission fees on local restaurants in India as a prelude to their entry into the Indian market. This is reported to be lower than the 15 to 20% fee by Swiggy and Zomato. According to data from JM Financial, Amazon Food is projected to double its value from 3.6 billion USD to 8.6 billion USD in 2025 despite the pandemic recession. Could this be the best time for Amazon to launch their food delivery service in India? Local competitors like Zomato reported having laid-off hundreds and is currently experiencing a slow recovery rate from the lockdown.
Golden Brown/Shutterstock.com
1. Meituan Waimai
Total revenue: 13.73 billion USD
China’s leading food delivery company is Meituan Waimai. It was founded in 2010 in Beijing and now covers 2,800 cities in China. Aside from food, users can also purchase medications, fruits, and other daily essentials that can be bought in a supermarket. In August, Meituan Waimai’s market value surpassed 200 billion USD making it the fifth-largest company in Hong Kong stocks by market capitalization.
I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.
We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…
Should I put my money in Artificial Intelligence?
Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.
Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…
But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.
That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…
And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.
He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
It’s the revolution reshaping every industry on the planet.
From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.
Here’s why this is the prime moment to jump on the AI bandwagon:
Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.
Imagine every sector, from healthcare to finance, infused with superhuman intelligence.
We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.
This isn’t a maybe – it’s an inevitability.
Early investors will be the ones positioned to ride the wave of this technological tsunami.
Ground Floor Opportunity: Remember the early days of the internet?
Those who saw the potential of tech giants back then are sitting pretty today.
AI is at a similar inflection point.
We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.
This is your chance to get in before the rockets take off!
Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.
AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.
The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.
As an investor, you want to be on the side of the winners, and AI is the winning ticket.
The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.
From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.
This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.
By investing in AI, you’re essentially backing the future.
The future is powered by artificial intelligence, and the time to invest is NOW.
Don’t be a spectator in this technological revolution.
Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.
This isn’t just about making money – it’s about being part of the future.
So, buckle up and get ready for the ride of your investment life!
Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)
The AI revolution is upon us, and savvy investors stand to make a fortune.
But with so many choices, how do you find the hidden gem – the company poised for explosive growth?
That’s where our expertise comes in.
We’ve got the answer, but there’s a twist…
Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.
That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!
Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.
This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.
It’s like having a race car on a go-kart track.
They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.
Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.
We want to make sure none of our valued readers miss out on this groundbreaking opportunity!
That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.
For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!
Here’s why this is a deal you can’t afford to pass up:
The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
Lifetime Money-Back Guarantee: If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.
Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.
Here’s what to do next:
Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.
Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!
