Uber Expands Grocery Delivery to Chase $1 Trillion Market as 75% of Riders Remain Untapped
Updated
Updated · Yahoo Finance · Aug 2
Uber Expands Grocery Delivery to Chase $1 Trillion Market as 75% of Riders Remain Untapped
3 articles · Updated · Yahoo Finance · Aug 2
Summary
Three in four Uber riders have never ordered groceries through the app, giving the company a large built-in audience as it expands grocery and retail delivery.
Uber is adding national and regional grocery chains to its marketplace to turn transportation and restaurant users into more frequent local-commerce customers.
The push targets a market Uber has pegged at about $1 trillion, with U.S. online grocery sales expected to reach roughly $452 billion this year.
Online grocery already accounts for 19% of total U.S. grocery spending, underscoring a broader shift in shopping habits beyond the robotaxi narrative around Uber.