Carrefour partners with Uber Eats to deliver essential items to Parisians during lockdown

The
Coronavirus has pushed multiple governments into ordering nationwide lockdowns
that are making it harder for the citizens to access essential items. To make
things easier for the Parisians, France’s top supermarket retailer, Carrefour
(EPA:CA), announced its partnership with Uber Eats (NYSE:UBER) on Wednesday for
efficient delivery of food and other essential items to the people via online
shopping.

The
service is expected to go live on April 6^th. Users will be able to
order their desired products ranging from food to grocery and other cleaning or
hygiene-related items from within the Uber Eats application that will now
feature a dedicated listing for Carrefour convenience stores. Users will also
be able to place orders via the Uber Eats website or over the phone call from
11 am to 11 pm.

Deliverers
To Comply With The Health And Safety Guidelines

Carrefour
expressed confidence in the efficiency of deliveries that, according to the
company, will take around thirty minutes. Uber Eats also said that it will
ensure strict compliance for its delivery workers with the health and safety guidelines
that the French government has recently laid out to minimize the fast spread of
the flu-like virus.

The
announcement also accentuated that the service is likely to begin in the Paris
region with plans of subsequent nationwide rollout in the upcoming weeks. Uber
Eats also said that there will be no delivery fee on Carrefour orders in
April.

The
Carrefour and Uber Eats partnership is the latest in a series of deals that
multiple retailers and food companies have recently announced to ensure the convenience
of access to essential items for people that are restricted to their homes
amidst the Coronavirus lockdowns.

Amazon
Partners With Lyft For Deliveries In The U.S

In
March, UK’s Deliveroo had also taken over the role of delivering essential items
like pasta, tinned goods, and household items to the doorsteps. In the U.S, Amazon
also announced on Wednesday that it will be partnering with the
ride-hailing service, Lyft, to expand its workforce and improve the efficiency
of deliveries as online orders continue to rise during the lockdown.

At
the time of writing, Carrefour is trading at £12.54 per share in the stock
market having lost around 15% as compared to its year-to-date high in early
March. Carrefour currently has a market cap of £10.13 billion.

Uber,
on the other hand, is currently exchanging hands at £22 per share that marks
around a 10% decline in 2020 so far. At the time of writing, Uber is valued at £38.94
billion.