ezCater and the Other Half of Uber's FCF
Barely a week after my Uber Deep Dive, Uber announced yesterday it is buying ezCater, the largest online catering marketplace in the US, for $2.3 Billion in cash.
Topic
UBER
A collection of 8 issues
Uber: The Aggregator on Trial
You can listen to the Deep Dive here The very first Deep Dive I wrote for MBI Deep Dives, back in 2020, was on Uber, and a lot has obviously changed since then. Uber in 2019 did ~$65 Billion of Gross Bookings while burning ~$4.9 Billion of Free Cash Flow (FCF).
Notes from a Dasher Shift, and the Drone Delivery Future
Programming Note: I will take a day off tomorrow, and will be back with daily posting schedule on Friday. DoorDash has a program called “WeDash” which requires its employees do delivery shifts every year.
Why DoorDash’s Autonomous Strategy Beats Uber’s Hodgepodge
Uber’s decision to divest its stake in Serve, the autonomous delivery robot company that was spun out of Uber in 2021, was more interesting than it may appear at first glance. When I looked into it, I came to realize that Serve is actually a publicly listed company now.
The Fleet Owners' Push for Aggregating Demand
Last week, Financial Times reported that Waymo notified Uber that it intends to launch its own app in Austin and Atlanta in January 2028. These were the two cities where Waymo’s robotaxis have been exclusive to Uber’s platform after the two already unwound their Phoenix pilot earlier this year.
The Fog of AV Economics
Thomas Reiner yesterday wrote a thoughtful piece about a key question about AV ridesharing: what should be the optimal size of AV fleet in a given area? Should it try to cater to peak demand or average demand?
The Great Abstraction?
Last week in my Solving the “DoorDash Problem piece, I mentioned the following excerpt between Nilay Patel from The Verge and Uber CEO Dara Khosrowshahi: Nilay Patel: So, I come to you and I say, “I want to be able to get cars from Uber.” What is the percentage toll?
Deep Dive on Uber
Uber has become a verb. When we search for something on the internet, we google it.