Uber Technologies, Inc's
This feature, which is currently undergoing testing in New York, San Francisco, and Toronto, represents Uber Eats' foray into the burgeoning realm of short-form video content, aligning with a trend popularized by platforms like Meta Platforms Inc
The feature showcases videos in a swipeable format, visible in carousels throughout the app, including the home screen, TechCrunch reports.
These videos aim to give users a closer look at food preparation, textures, portion sizes, and dish compositions, ultimately boosting consumer confidence in trying new dishes.
Notably, the content is offered to users based on the proximity of the restaurants, ensuring relevance and delivery feasibility.
Uber Eats' approach differentiates from typical advertising; it doesn't charge merchants for these video placements, offering a unique platform for restaurants to connect directly with potential customers.
This move is particularly significant as many restaurants leverage social media to attract new patrons and showcase their culinary creations.
Introducing this feature into the Uber Eats app aims to streamline the discovery process and encourage users to seek culinary inspiration within the app itself.
Uber Eats is also enhancing its support for merchants by revamping the Uber Eats Manager software with personalized growth recommendations and preparing to launch a new app for restaurant managers to facilitate on-the-go business management.
Prior reports indicated Microsoft's LinkedIn testing a TikTok-like short-form video feed enabling users to interact with vertical short videos by liking, commenting, and sharing. This move by LinkedIn focuses on career-oriented and professional content.
Reports also suggested that Spotify Technology SA
Uber stock gained over 136% in the last 12 months. Investors can gain exposure to the stock via First Trust US Equity Opportunities ETF
Price Action: UBER shares traded lower by 0.05% at $75.00 on the last check Tuesday.
