Uber will no longer "Rush"
According to The Dallas Morning News, Uber announced that UberRush (created in 2014) will be shut down and will stop servicing Walmart. According to Uber, the venture provided lots of lessons for its UberEats business. This (we think) means that UberRush must have lost some serious money (i.e. it was one of those so-called “learning experiences”). We keep repeating that delivered sales cost much more and are particularly un-economical in the grocery sector. We see supermarkets as warehouses open to the public, where customers do their own picking, packing, and shipping. When you take over these functions from your customers (and you need to in the online + delivery model) you erode your profits. No wonder Aldi doesn't sell online in Australia.