McDonald's in talks to lower fees paid to Uber Eats for delivery [Business News Network (BNN) Energy & Resources (Canada)]
Just Eat Takeaway.com N.V. - American Depositary Shares (GRUB)
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Source: Business News Network
McDonald's in talks to lower fees paid to Uber Eats for delivery McDonald’s Corp. ( MCD.N ) is working to make delivery more profitable for its franchisees -- and that means it could turn to providers other than Uber Eats. The burger chain’s senior leadership and franchisees recently met with Uber Eats to negotiate lower fees paid to the ride-share startup, according to an internal McDonald’s memo sent this month and reviewed by Bloomberg News. While particulars of the deal are still being finalized, the memo said the terms will include “significantly reduced commission rates for all U.S. restaurants” and ultimately allow franchisees to use different delivery partners. Ending McDonald’s exclusive deal with Uber Technologies Inc. would open a window for other popular providers like DoorDash Inc. and GrubHub Inc. It’s a sensitive time for Uber, whose initial public offering is expected next month. The delivery push is just one of the changes taking place at the world’s biggest restauran
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