Uber announces several decisions with respect to uber eats’ operational footprint

Uber - announced several decisions with respect to uber eats’ operational footprint.uber - would discontinue uber eats operations in czech republic, egypt, honduras, romania, saudi arabia, uruguay & ukraine by june 4.uber - would transfer uber eats business operations in the united arab emirates to careem.uber - uber rides operations in czech republic, egypt, honduras, romania, saudi arabia, uruguay and ukraine are not affected.uber - consumers, restaurants using uber eats app in uae will be transitioned to the careem platform in coming weeks.uber - discontinued, transferred markets represented 1% of eats gross bookings and 4% of eats adjusted ebitda losses in q1 2020.uber - will look to reinvest savings in priority markets where co expects a better return on investment.
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