Domino’s Pizza Shares Soar 10% After Letting Customers Order Pizzas On Uber

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Shares for Domino’s Pizza surged 10% Wednesday morning:

rose just under 1%—earlier Wednesday, allowing customers to order menu items through Uber Eats and Postmates for 70% of Domino’s locations in the U.S.

The partnership will start this fall in four “pilot” markets before expanding to the rest of the U.S. by the end of the year.he expects the partnership to generate $1 billion in new revenue for the company.a 6.6% decline in same-store delivery sales in February, causing the company’s shares to fall by as much as 11% one day.

Source: News Formal (newsformal.com)

 

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