Who owns Uber Eats? (Is it separate from Uber or something else?)
Uber Eats has become one of the most popular food delivery services in the world, in large part because of its association with the Uber brand.
So for anyone wondering if Uber Eats is owned by Uber or if it’s a separate company, we did some digging and here’s what we found!
Who owns Uber Eats in 2022?
Uber owns Uber Eats in 2022. Uber launched Uber Eats as an add-on service about 5 years after its own start. Uber operates Uber Eats as a different company in many areas, but it is still considered a subsidiary. Uber, a public company with shareholders, includes earnings from Uber Food Delivery in its financial reports.
To learn all about the ownership of Uber Eats, including its management and its relationship to Uber, read on for more helpful facts!
Why does Uber let Uber eat?
Uber made Uber Eats to enter the food delivery market and increase its overall revenue.
Uber is still not profitable, so Uber Delivery may be part of a plan to pursue this milestone.
Uber has grown its ride-sharing network significantly before.
So it makes sense to try to expand into food delivery, as it would be a formidable competitor to established players like Grubhub.
Who is the CEO of Uber Eats?
Dara Khosrowshahi is the CEO of Uber, which in turn is the CEO of Uber Eats. Uber is the parent company of Uber Eats, so the latter does not have its own independent CEO.
Before joining Uber as CEO, Khosrowshahi was CEO of Expedia from 2005 to 2017 and CFO of media company IAC from 1998 to 2005.
Khosrowshahi holds a Bachelor of Science in Electrical and Electronic Engineering from Brown University, Providence, Rhode Island.
Additionally, Khosrowshahi has an estimated net worth of $235 million, according to Forbes.
Who is the owner of Uber?
Uber is a public company, which means it is owned by those who own its shares, from insiders to institutions and the public.
Some of Uber’s major shareholders include:
- Vanguard Group – 4.35% or 85.09 million shares
- Fidelity Management & Research – 3.7% or 72.32 million shares
- Morgan Stanley Investment Management – 3.38% or 66.06 million shares
- Jennison Associates LLC – 2.54% or 49.54 million shares
- BlackRock – 2.44% or 47.66 million shares
- SSgA Funds Management Inc. – 1.65% or 32.29 million shares
- Morgan Stanley Investment Management – 1.38% or 27.04 million shares
- Wellington Management Co. – 1.19% or 23.28 million shares
- Sands Capital Management LLC – 1.08% or 21.07 million shares
- ClearBridge Investments LLC – 1.00% or 19.58 million shares
Since we have established that Uber is the parent company of Uber Eats, its shareholders also own the subsidiary.
Does the Uber app include Uber Eats?
The Uber app includes Uber Eats, but it’s a very stripped-down web version that’s mostly used for cross-promotion.
Previously, Uber Eats was only available in the Uber app, but it finally became a separate service starting in Los Angeles in 2016.
In 2019, Uber announced that it would introduce a web version of Uber Eats in the main Ride app for promotion.
This integration is for people who have never used Uber Eats and lets them get promotions and trials without having to download a separate app.
As for drivers, they just need the Uber Drivers app, as it’s designed to give them access to ride requests and food orders in one place.
Do I need the Uber and Uber Eats app?
Whether you need the Uber and Uber Eats apps depends on how often you use them.
Uber and Uber Eats are separate apps, but both are accessible from their website, so you can get the service without the app.
That said, if you prefer to access any of the services through these apps, you should download the Uber and Uber Eats apps, as both are optimized for use on these platforms.
For drivers, all you need is the Uber driver app, as it’s designed to give you access to ride-hailing and food-delivery services.
Do Uber and Uber Eats use the same account?
Uber and Uber Eats use the same account, so you don’t need to sign up for both.
As we’ve established, Uber’s strategy with Uber Eats is to leverage its existing network to grow the service, which extends to allowing users to log in with just one account.
To learn more, you can also read our posts on what an Uber Eats Pass is, is Uber Eats safe, and whether Uber Eats pays for gas.
in conclusion
Uber Eats is owned by Uber, and these services operate under a subsidiary and parent company relationship. Uber and Uber Eats have separate apps, optimized for their respective core services.
However, Uber introduced a web version of Eats to its app in 2019. Drivers only need the Uber Driver app to get rides and food delivery requests.
