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Axios Oct 16
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UberEats growing faster than company's ride-hailing service

A delivery man brings food during a press conference of UberEats in Tokyo. Photo: Eugene Hoshiko / AP

"Uber's fast-growing food delivery service accounted for nearly a tenth of the company's global gross bookings in the second quarter... a level that implies the unit is on track to exceed $3bn in gross sales this year," the Financial Times' Leslie Hook dishes from S.F. (subscription):

"UberEats [with a presence in 29 countries] has been growing faster than the core business. ... The previously unreported numbers underscore how rapidly UberEats has grown since its launch two years ago as a standalone app."