Deliveroo, Menulog take bites from Uber Eats
Deliveroo has taken a major bite out of dominant rival Uber Eats in the growing $2.6 billion food delivery market, while Menulog scrambles to keep up, financial accounts lodged with the regulator reveal.
All three players made an after-tax loss last year, but extensive profit shifting between the global entities for tax and other reasons reveals some losses are better than others, after Foodora pulled out last year.
Loading...
Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Retail
Fetching latest articles