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In: Economics

How would you evaluate the market potential of a subscription service to Uber Eats in Vancouver...

How would you evaluate the market potential of a subscription service to Uber Eats in Vancouver using tools from our class?

Please answer this question in minimum 3 pages of the microsoft word.

Solutions

Expert Solution

Uber Eats ,an online food delivery platform which is launched by Uber in 2014.It helps the customers to find good food in their locality. It is an American company.It's head quarter is in San Francisco,California.

Uber Eats has many restaurant with its partnership.Besides,though it is a home delivery process the customer can get food without going anywhere.It provides the customer to choose his/her favourite restaurant.After ordering of the food,the workers of the Uber Eats pick up the food from the restaurant and delivered it at the door of the customers.

In this 21st century the online food delivery platforms makes a good profit in the market.The Uber Eats app helps the people to order food as per their choise.Though Uber Eats has the partnership with many restaurants,so that the restaurants have enough scope to sell their items to the customers indirectly.It is an efficient way to sell their foods to the customers.It is a quick and easy process to serve the foods to the customers.In this process both the resturants and Uber Eats get profit.

Now in days,Uber Eats spreads it's branches in so many countries.Thus the online food delivery service of Uber Eats is expanding in various cities and towns.Meanwhile,the town and city living people are very much fond of this service.And Uber Eats captures a profitable market in the online food delivery service.


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