Saturday, April 4, 2020

Uber Eats waived delivery fees in the name of supporting local restaurants, but some restaurants say Uber's 25% commission for take-out orders is too high (Sidney Fussell/Wired)

Sidney Fussell / Wired:
Uber Eats waived delivery fees in the name of supporting local restaurants, but some restaurants say Uber's 25% commission for take-out orders is too high  —  Social distancing rules have reduced many eateries to delivery and take out.  But apps like Uber Eats exact a 25 percent toll on their shrinking revenue.



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...