Hospitality Services

Just Eat Takeaway.com N.V.

DHER

UBER

UBEW

Uber has agreed to purchase an additional 4.5% stake in Delivery Hero from Prosus for €270 million, paying €20 per share, which is a 22% premium over the stock's one-month average. This transaction is part of Prosus's commitment to reduce its stake in Delivery Hero following regulatory scrutiny from the European Commission related to its bid for Just Eat Takeaway.com. Prosus's stake in Delivery Hero will decrease from 27% to approximately 21% after this sale. The impact on Uber's operations in India remains uncertain.

Business Standard

Delivery Hero SE

Uber Tech

Roundhill UBER WeeklyPay ETF

Prosus N.V.

Uber boosts stake in Delivery Hero with €270 million share purchase

JTKWY

TKAYF

AUTO

The UK's competition regulator is investigating fake reviews and manipulation involving companies like Autotrader and Just Eat. This issue reflects a broader decline in consumer trust, driven by systems prioritizing engagement over accuracy. Trust signals are increasingly shaped by platforms, leading to manipulation and inconsistent verification. AI systems, such as ChatGPT, are also influencing trust through commercial pressures. As trust becomes reliant on systems rather than brands, the integrity of information is compromised, making it harder for consumers to verify credibility.

cityam

Auto Trader Group PLC

Fake reviews are tipping point for much bigger online trust scandal

AMZN

AMZZ

DASH

EATZ

UBRL

AMZW

Amazon has introduced a new feature for ordering food through Grubhub and Uber Eats using Alexa, allowing for a more conversational experience. Users can modify their orders or add items seamlessly during the conversation, without waiting for Alexa to finish speaking. This change aims to enhance the user experience by making it feel more like ordering in a restaurant, with Alexa only intervening when assistance is needed.

- Amazon is introducing a new food ordering feature through Grubhub and Uber Eats via Alexa, aimed at creating a conversational and seamless experience.  
- The feature allows users to modify their orders, add items, or ask questions without waiting for Alexa to finish speaking.  
- Amazon emphasizes that this approach differs from traditional voice assistant interactions, enhancing user convenience.

The Verge

Amazon

GraniteShares 2x Long AMZN Daily ETF

Doordash

AdvisorShares Restaurant ETF

GraniteShares 2x Long UBER Daily ETF

Roundhill AMZN WeeklyPay ETF

You can order Grubhub and Uber Eats ‘conversationally’ with Alexa Plus

Just Eat and Autotrader are under investigation by the Competition and Markets Authority (CMA) for potentially manipulating star ratings and failing to account for negative reviews. The CMA's new rules, aimed at preventing fake reviews, have prompted scrutiny of several companies, including Dignity and Pasta Evangelists. The CMA has found that over half of the businesses reviewed may not comply with these regulations. Just Eat stated it is cooperating with the CMA to ensure transparency in its ratings system.

Just Eat and Autotrader face fake reviews investigation

Just Eat Takeaway.com N.V.(JET.UK)

Uber boosts stake in Delivery Hero with €270 million share purchase

Fake reviews are tipping point for much bigger online trust scandal

You can order Grubhub and Uber Eats ‘conversationally’ with Alexa Plus

Just Eat and Autotrader face fake reviews investigation