On Wednesday, Domino’s Pizza announced that it had reached a new arrangement with Uber under which customers will be able to order Domino’s goods using Uber’s food delivery applications.
In-depth details on Domino’s and Uber collaborate to deliver pizza in the US
In premarket trade, the pizza maker’s stock rose by 7% while Uber gained 2%.
According to the company, the arrangement enables US customers to order products from Domino’s through the Postmates and Uber Eats apps, with Domino’s and its franchisees managing delivery.
In an effort to protect profits from high input costs, Domino’s has been boosting menu prices and delivery fees.
The largest pizza restaurant in the world forewarned of a slowdown in its delivery business in April as consumers shifted to preparing cheaper meals at home as a result of the pervasive cost of living crisis.
