
Uber Eats to Launch AI Chatbot for Enhanced User Experience
Aside from the AI assistant, which will be integrated into the Uber Eats platform later this year, the company is introducing more features to diversify its payment options.
Aside from the AI assistant, which will be integrated into the Uber Eats platform later this year, the company is introducing more features to diversify its payment options.
Uber Eats is seeking to stay ahead of some of its direct competitors, such as DoorDash and Instacart, by using AI to improve food delivery.
Grubhub said that it would offer employees a severance package for 16 weeks but refused to comment on the specific positions removed.
Robotics developer Serve recently deepened its relationship with Uber Eats to deploy 2,000 bots for food deliveries across the US.
Uber Eats and Nuro will initially conduct tests in Houston, Texas, and Mountain View, California. And further they will expand their operations to other regions.
According to the report, the sidewalk robot is powered by “Serve Robotics, a spin-off of delivery company Postmates,” which was acquired by Uber in 2020.
With a cloud of uncertainty surrounding the company regarding the future of Grubhub, Chief Executive Officer Jitse Groen is optimistic about the company’s growth in the long term.
Valued at $2.65 billion, the acquisition deal with Postmates will help Uber Eats to expand its network comprising of operation in about 6000 cities across 45 countries.
In a deal worth $7.3 billion, Just Eat Takeaway.com will acquire Grubhub. This comes after Uber has pulled out of merger talks due to antitrust concerns.
Uber stock price rose yesterday but is slightly down in the pre-market after the rideshare company decided to shut down operations in 45 offices and cut 3,000 jobs.
As per the industry report, Uber and Grubhub are reportedly in talks of possible takeover deal as Uber looks to expand its footprint in the U.S. food delivery market. This acquisition can possibly help Uber to win 55% of the market share.
As it has become known, food delivery giant Grubhub is not going to run a selling process despite the rumors. After this news, its shares fell 6.7% to $52.02.
In a bid to ensure that it cuts losses on its journey to profitability, Uber is planning to sell the Indian arm of its Uber Eats business to Zomato.
Uber has released reports for its third quarter which, unsurprisingly, still records significant losses.
Uber has unveiled a new division called Uber Money which will offer its drivers bank accounts along with digital wallets, credit and debit cards, to receive instant payments.