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

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

  • Carrefour and Uber Eats joint delivery service to go live on April 6th in Paris.
  • Uber Eats says there will be no delivery fee on all Carrefour orders in April.
  • Amazon partners with Lyft in the U.S to deliver essential items during the 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 6th. 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.

By Wajeeh Khan
Mr. Khan specialises in Public Health by academia but is a trader by passion. Taking up two new hobbies of writing and trading in his teen years, he is now a professional trader and news writer with over 5 years of experience in various financial markets. Khan is passionate about bringing insightful articles to his readers and hopes to add value to their portfolios.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site. Click here for more information.