{"id":45743,"date":"2021-11-05T08:33:39","date_gmt":"2021-11-05T12:33:39","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=45743"},"modified":"2021-11-05T08:33:39","modified_gmt":"2021-11-05T12:33:39","slug":"food-delivery-businesses-embrace-massive-growth-potential-in-post-pandemic-decade-uber-twoh-grub-lyft-dash-pzza-tkayf","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/food-delivery-businesses-embrace-massive-growth-potential-in-post-pandemic-decade-uber-twoh-grub-lyft-dash-pzza-tkayf-45743","title":{"rendered":"Food Delivery Businesses Embrace Massive Growth Potential in Post Pandemic Decade (UBER, TWOH, GRUB, LYFT, DASH, PZZA, TKAYF)"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Covid-19 pandemic health crisis has a footprint that will firmly entrench itself in the history of human civilization. The terrain of the future will be forever altered because every single person in the world \u2013 over 8 billion individuals \u2013 went through a crisis that presented new needs and opportunities for a sustained period.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The impact of this process will have long lasting consequences. It changed us. Forever.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Perhaps two of the most important shifts were in healthcare and servicing of dietary needs because the process meaningfully launched the sustained growth in Telehealth and Food Delivery. It was a forced market penetration exercise &#8212; there were better ways to do things, and the pandemic forced everyone to try them.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The result will be a massive growth in consumer use of these updated versions of enormous preexisting industries.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While Telehealth is interesting, it has been the focus of investor enthusiasm for years. However, the food delivery space provides a potentially less crowded new avenue for growth in investor gains.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With that in mind, we take a look here at some of the most compelling opportunities in the food delivery space.<\/span><\/p>\n<p><b>Uber Technologies Inc. (NYSE:UBER)<\/b><span style=\"font-weight: 400;\"> operates as a technology platform for people and things mobility. The firm offers multi-modal people transportation, restaurant food delivery, and connecting freight carriers and shippers. It operates through the following segments: Rides, Eats, Freight, Other Bets and ATG and Other Technology Programs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Rides segment refers to products that connect consumers with Rides Drivers who provide rides in a variety of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis. The Eats segment allows consumers to search for and discover local restaurants, order a meal, and either pick-up at the restaurant or have the meal delivered. The Freight segment leverages proprietary technology, brand awareness, and experience revolutionizing industries to connect carriers with shippers on its platform, and gives carriers upfront, transparent pricing and the ability to book a shipment. The Other Bets segment consists of multiple investment stage offerings. The ATG and Other Technology Programs segment primarily responsible for the development and commercialization of autonomous vehicle and ridesharing technologies, as well as Uber Elevate.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uber Technologies Inc. (NYSE:UBER) recently announced financial results for the quarter ended September 30, 2021, including news that Fross Bookings grew 57% year-over-year to $23.1 billion, or 53% on a constant currency basis, with Mobility Gross Bookings of $9.9 billion (+67% YoY) and Delivery Gross Bookings of $12.8 billion (+50% YoY). Trips during the quarter grew 39% YoY to 1.64 billion, or nearly 18 million trips per day on average.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;Our early and decisive investments in driver growth are still paying dividends, with drivers steadily returning to the platform, leading to further improvement in the consumer experience,&#8221; said Dara Khosrowshahi, CEO. &#8220;This is especially important as Mobility reignites. Mobility Gross Bookings are up 18 percent over just the last two months and this Halloween weekend surpassed 2019 levels.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It will be interesting to see if the stock can break out of its recent sideways action. Over the past week, the stock is net flat, and looking for something new to spark things.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Uber Technologies Inc. (NYSE:UBER) managed to rope in revenues totaling $3.9B in overall sales during the company&#8217;s most recently reported quarterly financial data &#8212; a figure that represents a rate of top line growth of 74.9%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($5.3B against $7.7B, respectively).<\/span><\/p>\n<p><b>Two Hands Corp. (OTC US:TWOH)<\/b><span style=\"font-weight: 400;\">, through its Gocart.city division, is an up-and-coming player in the grocery delivery space, competing for market share with Instacart, which is now worth an estimated $39 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Gocart.city bills itself as an online grocery delivery market that services the Greater Toronto Area and beyond. It curates and delivers the freshest produce and specialty foods in Southern Ontario, with plans on expanding to other major markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Two Hands Corp. (OTC US:TWOH) most recently announced that its Gocart.city orders in October exceeded all orders in the company\u2019s prior quarter. In other words, its one-month October orders exceeded its total orders for the three months ended September 30.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cOur new sales programs are proving to be successful and contributing to the sales growth we\u2019re seeing this quarter\u201d, commented Nadav Elituv, Chief Executive Officer.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This follows news from September that the company closed $1,000,000 in Series D funding. \u201cAdding the $1,000,000 in cash to our balance sheet is a critical requirement to move forward with our CSE listing,\u201d commented Elituv. \u201cThe CSE listing will allow the company to execute on our growth plans over the next year.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Two Hands Corp. (OTC US:TWOH) CEO Elituv continued, \u201cWe are building new relationships that will allow us to grow our reach in food distribution in Ontario. This round of funding and the support of the accredited investors has been another major step in strengthening our business as we remain on track to re-file by the end of October and continue building shareholder value.&#8221;<\/span><\/p>\n<p><b>DoorDash Inc (NYSE:DASH)<\/b><span style=\"font-weight: 400;\"> engages in the design, development, and operation of a food delivery and logistics platform. It serves consumers in the United States, Canada, and Australia.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company was founded by Andy Fang, Tony Xu, Stanley Tang, and Evan Moore on January 12, 2013 and is headquartered in San Francisco, CA.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">DoorDash Inc (NYSE:DASH) recently announced a partnership with Ulta Beauty (NASDAQ: ULTA), the nation&#8217;s largest beauty retailer, to offer same-day delivery from select Ulta Beauty stores in Atlanta, Boston, Chicago, Los Angeles, Houston and Boise, with plans to expand and rollout more broadly in 2022. Powered exclusively through DoorDash Drive, DoorDash&#8217;s white-label fulfillment platform that powers direct delivery for any business, beauty lovers can now find instant beauty gratification more conveniently.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8220;We see consumers looking for faster and more convenient ways to get their favorite brands delivered same-day,&#8221; said Shanna Prev\u00e9, vice president of strategic partnerships and business development at DoorDash. &#8220;We are thrilled to partner with Ulta Beauty to power their same-day delivery experience and bring the magic of in-store shopping home for customers, during the holiday season and throughout the year.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And the stock has been acting well over recent days, up something like 6% in that time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">DoorDash Inc (NYSE:DASH) managed to rope in revenues totaling $1.2B in overall sales during the company&#8217;s most recently reported quarterly financial data &#8212; a figure that represents a rate of top line growth of 83.1%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels exceeding current liabilities ($4.7B against $1.3B).<\/span><\/p>\n<p><b>Other key players in the food delivery space<\/b><span style=\"font-weight: 400;\"> include Just Eat Takeaway.com N.V. ADR (Nasdaq:GRUB), Lyft Inc. (Nasdaq:LYFT), and Papa John&#8217;s International Inc. (Nasdaq:PZZA).<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Covid-19 pandemic health crisis has a footprint that will firmly entrench itself in the history of human civilization. The terrain of the future will [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":45287,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[13445,16093,14039,16094,16095,16092,13992],"stock_ticker":[],"class_list":["post-45743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-dash","tag-grub","tag-lyft","tag-pzza","tag-tkayf","tag-twoh","tag-uber","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Food Delivery Businesses Embrace Massive Growth Potential in Post Pandemic Decade (UBER, TWOH, GRUB, LYFT, DASH, PZZA, TKAYF) - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/food-delivery-businesses-embrace-massive-growth-potential-in-post-pandemic-decade-uber-twoh-grub-lyft-dash-pzza-tkayf-45743\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Food Delivery Businesses Embrace Massive Growth Potential in Post Pandemic Decade (UBER, TWOH, GRUB, LYFT, DASH, PZZA, TKAYF) - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"The Covid-19 pandemic health crisis has a footprint that will firmly entrench itself in the history of human civilization. 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