Popular pizza chain cuts ties with Uber Eats [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
Solano, CEO of Rave Restaurant Group, the parent company of Pizza Inn and Pie Five, ended his company's partnership with Uber Eats rather than absorb a fee increase he says left operators with almost nothing to show for their delivery orders. "Uber didn't enter into good faith negotiations with us," Solano said. "They came at us with demands. 'You're going to pay this amount. This is a global increase. And no, we're not negotiating.' I just don't do business like that." What triggered Pizza Inn and Pie Five's Uber Eats split In early March, Uber Eats raised marketplace fees across most of its pricing tiers for the first time in roughly a decade, per Restaurant Dive . Rates for its Lite tier rose from 15% to 20% per order. Pickup order rates across all tiers went from 6% to 7%, alongside other increases. The fees cover couriers, new customer acquisition, Uber One member discounts, and payment processing and insurance costs. Uber Eats defended the move. "This change reflects hi
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UBER
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UBER
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- 3/23/26 - Form DEFA14A
- UBER's page on the SEC website