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Domino's says it is partnering with Uber for pizza orders, deliveryShares of the pizza maker were up 7 per cent in premarket trading, while Uber was up 2 per cent.
Reuters
Last Updated IST
A Domino's Pizza restaurant. Credit: Reuters Photo
A Domino's Pizza restaurant. Credit: Reuters Photo

Domino's Pizza on Wednesday said it had entered into a new agreement with Uber that will allow customers to order Domino's products through Uber's food delivery apps.

Shares of the pizza maker were up 7 per cent in premarket trading, while Uber was up 2 per cent.

The company said the agreement allows US customers to order Domino's products through Uber Eats and Postmates apps with Domino's and its franchisees handling the delivery.

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Domino's has been raising prices on menu items and increasing delivery charges in a bid to shield margins from high input costs.

In April, the world's largest pizza chain warned of a slowdown in its delivery business as customers turned towards cooking cheaper meals at home amid a sticky cost of living crisis.

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(Published 12 July 2023, 16:54 IST)