DoorDash and Uber Eats are now competing to deliver Main Street to the masses.
Both DoorDash and Uber Technologies seem to be working to create a “super app” within delivery, serving all of a consumer’s needs.
Building off their success with restaurants, they are moving into other verticals such as alcohol, convenience, drugstores and grocery.
This week, Uber disclosed it was acquiring the remaining 47% of Latin American grocery-delivery company Cornershop—which now also serves select cities in the U.S.—after buying a majority stake in 2019.
DoorDash’s largest-ever acquisition, by contrast, was its $410 million deal for food-delivery service Caviar in 2019, with only one small purchase since.