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UberEats played a significant role in Uber's business model. It was a strategic expansion of Uber's existing platform, allowing the company to tap into the food delivery market. UberEats quickly became a valuable part of Uber's business model, contributing significantly to its growth. It leveraged Uber's existing infrastructure, including its driver network and technology, to deliver food from restaurants to consumers. This diversification not only provided an additional revenue stream but also helped Uber to mitigate risks associated with its core ride-hailing business.
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Uber and Lyft aren't just companies, they're platforms. These platforms allow connections that create marketplaces. In 2015, Uber used its existing platform to quickly grow UberEats, which is now the most valuable part of its business model. By 2016, It was sink or swim for Uber. To achieve the necessary growth, they had to plot out milestones with important events and dates. They had to sync team members around an organized timeline. On March 1, the UberEats app launched in Los Angeles. Fifteen days later, it launched in three other cities. In April, Uber launched in Argentina. In May, Uber announced that it would show riders the price before they book a ride in the hopes of gaining more customers. In June, Uber opened up its RUSH API to developers so more businesses could incorporate Uber drivers into their models. In August, Uber announced it would launch a service with self-driving cars. And in November, the company launched a completely redesigned app that allowed riders to split...
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Use our Timeline Template Collection to visualize and track business processes. Timelines keep projects on track, provide context, and set expectation...
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