It said it is also exiting the markets in the Czech Republic, Egypt, Honduras, Saudi Arabia, Uruguay and Ukraine until June 4, 2020.
The Uber Eats platform was launched in Romania in the summer of 2018, with 100 partner restaurants in capital city of Bucharest, and, at the end of 2019, it had partnerships with over 700 restaurants – from small locations, family businesses to major restaurant chains.
In a statement on the latest round of Eats exits, Uber said: “We have made the decision to discontinue Uber Eats in Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Ukraine, and Uruguay, and to wind down the Eats app and transition operations to Careem in U.A.E. This continues our strategy of focusing our energy and resources on our top Eats markets around the world.”
“These decisions were made as part of the company’s ongoing strategy to be in first or second position in all Eats markets by leaning into investment in some countries while exiting others. The discontinued and transferred markets represented 1% of Eats’ Gross Bookings and 4% of Eats Adjusted EBITDA losses in Q1 2020. Consistent with our stated strategy, we will look to reinvest these savings in priority markets where we expect a better return on investment,” Uber said in a statement.