Food Delivery

Uber announced on Tuesday the launch of an app-based grocery service in 19 cities in Latin American and Canadian cities. The initiative is a partnership with Cornershop, a Chilean online grocery provider that Uber has held a majority stake in since October 2019.

Customers in eleven Brazilian cities, including Belo Horizonte, Rio de Janeiro and São Paulo, four Chilean cities, Colombia’s Bogota, Peru’s Lima and Canada’s Montreal and Toronto will be able to order groceries through the Uber Eats app. And starting later this month, grocery delivery will be available in Miami, FL and Dallas, TX.

European food delivery app Just Eat Takeaway has agreed to buy US rival Grubhub in a $7.3 billion all-stock deal. If the takeover is completed it will create the world's biggest food delivery company outside China.

For Grubhub, the deal offers an escape from the antitrust concerns that plagued its talks with the Uber Eats division of ride-hailing firm Uber.

The new company will have more than 70 million active customers who place close to 600 million orders a year.

According to a report on the Wall Street Journal, Uber approached Grubhub earlier this year with an acquisition offer and the companies are still discussing a deal.

Bloomberg reports a deal could be reached as soon as this month.

UPS and CVS are starting a drone delivery service of prescription drugs to Florida's largest retirement community in early May. The Villages, a retirement community northwest of Orlando, is home to over more 135,000 people, most of which are deemed high-risk for Covid-19. “Our new drone delivery service will help CVS provide safe and efficient deliveries of medicines to this large retirement community, enabling residents to receive medications without leaving their homes,” Scott Price, UPS chief strategy and transformation officer, said. UPS received government approval for their drone airline last fall.