Uber is filed to IPO in May.
Uber Eats has expanded to 13%+ of Uber’s net revenues
In 2018 as much of 10% of McDonald’s franchisee’s sales came through third party delivery companies
McDonalds foot revenues are falling
McDonalds spends $300 million on acquiring an AI company
More than 60% of McDonalds revenue come from its Drive Thru’s
McDonalds signs exclusive delivery deal with Uber Eats
Robots cooking burgers, Uber staff delivering burgers.
McDonald’s was a real estate company, now its a technology one.
Read a very good article putting it all together over at 2PM.