RIO DE JANEIRO, BRAZIL - Uber announced Thursday that its restaurant delivery firm, Uber Eats, will leave Brazil amid difficulties competing with iFood, which owns more than two-thirds of the market.
"From now on, the company will work on two fronts: with Cornershop by Uber, for intermediation services for delivery of purchases from supermarkets, wholesalers and specialty stores; and package delivery by Uber Flash," the company said in a statement.
It will also, it added, expand Uber Direct, which allows stores to make same-day deliveries for their customers. "This modality grew by nearly 15 times in trip numbers over . . .
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