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Chronicles

The story behind the story

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Uber will sell ads to restaurants in its Uber Eats app, where it takes 10.7% of gross bookings as adjusted net revenue, to try to lure more food delivery orders

A new revenue stream it won't split with drivers  —  Uber will become an ad platform, selling space inside its Eats app …

TechCrunch Josh Constine

Context & Ripple Effects

This 2019 announcement is the seed of what later became a major business line: three years after restaurants first got ad slots inside the Eats app, Uber formalized the effort as a global advertising unit targeting $1B in annual gross bookings by 2024, then expanded into video ads across Uber Eats and Drizly. The strategic logic was visible from day one — ads are high-margin inventory sold on top of an existing logistics network.

First-order effects

  • Restaurants get a new paid lever for visibility in search results, while Uber captures the full value of every ad dollar — unlike the 10.7% adjusted net revenue cut it takes on Eats gross bookings, ad revenue is not shared with drivers.

Second-order effects

  • Rival platforms face pressure to match the monetization model: Deliveroos subsequent push to sell ad space on its app and order-tracker pages in its profitability drive mirrors Ubers playbook, turning ad sales into table stakes for delivery marketplaces.

Third-order effects

  • If the pattern holds, food delivery platforms evolve into two-sided media businesses — commissions fund the network, but advertising drives the margin — concentrating pricing power with whoever owns customer attention rather than whoever fulfills orders.

The trend: Delivery marketplaces are layering advertising businesses on top of logistics networks, converting app real estate into a second, higher-margin revenue stream alongside per-order take rates.

Discussion

  • @joshconstine Josh Constine on x
    Scoop: Uber will start selling ads within its Eats App — a revenue steam it won't split with drivers https://techcrunch.com/...