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Uber Eats stops plans for Austria

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The US company Uber changes its plans. It wanted to bring Uber Eats to more countries. Now Uber stops the expansion in Europe. This affects 5 out of 7 countries. Austria also gets no service for now.

The reason is a planned takeover. Uber wants to buy the company Delivery Hero. This is a big competitor from Germany. The purchase changes plans for Europe. Uber Eats already started in Finland and Denmark. These starts were very good according to reports.

Uber also wanted to go to Norway and Greece. Czech Republic and Romania were also on the list. Austria had Uber Eats once before. That was some years ago. It is unclear if the service comes later.

At the same time big firms grow worldwide very strong. This is because of Artificial Intelligence. Firms from the USA are very valuable. The firm Nvidia is at the top. Europe plays a small role in this trend.

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Definitions

Expansion
This means to spread or grow. A company wants to be active in new cities or countries.
Takeover
A company buys another company. Both companies belong together or one company takes the other.
Artificial Intelligence
Computer programs that can learn and solve tasks like humans.

People

Elon Musk
A well-known business man from the USA.
Henrik Ahlers
He is the boss of the consulting firm EY in Germany.

Locations

Austria
A country in Central Europe. Uber wanted to start its delivery service here.
USA
The United States of America. Many valuable firms come from there.

Sources

Logo Die Presse
Die Presse

Uber stoppt Expansion von Essenslieferdienst in Österreich

Read now
Logo Standard
Standard

Expansion gestoppt: Uber Eats kommt wohl doch nicht nach Österreich

Read now
Logo Kurier
Kurier

Pläne gestoppt: Bekannter Lieferdienst kommt doch nicht nach Österreich

Read now
Logo FAZ
FAZ

Business-Liveticker: Uber stoppt offenbar Expansion von Essenslieferdienst in Europa | FAZ

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