Food delivery, carpooling and health care: Uber's ambitious plans for 2016

After dominating headlines this past year, Uber is set for an ambitious 2016 with expansions into food delivery, carpooling and even health care.

See Full Article

The company has already sent serious shockwaves through the taxi industry with UberX, which connects Uber app users with drivers using their own vehicles and charge less than traditional cabs.

But one industry expert say Uber has the potential to impact several industries.

"Uber's goal was, and is, to be the world's most powerful logistics company," said Aron Solomon, the innovation lead for the MaRS's LegalX team, which connects lawyers and technologists. "Anything that can be delivered, will."

Solomon told CTV's Canada AM on Wednesday that Uber's greatest asset is "an extremely loyal fan and user base."

"So if (Uber) has food, people are going to want food from Uber," he said.

Uber services launched in 2015

This past year saw the launchof UberEats in Toronto, which delivers a meal from a short list of food items in less than 10 minutes, or an item from the menus of more than 100 Toronto restaurants in under 45 minutes.

A pilot for UberHop also launched in Toronto mid-December. The service allows users to join up to five other commuters to share a ride into or out of Toronto's financial district and other downtown hubs for a flat rate of between $3.50 and $4.50.

The technology company also facilitated pet playtime this past year, offering puppies and kittens-on-demand in a handful of major Canadian cities. Uber teamed up with animal shelters to deliver pets available for adoption to workplaces for 15 minutes of play time.

Solomon said Canadians have embraced the Uber concept "of anything you want at any time," and there are numerous possibilities for expansion into other sectors.

What to expect in 2016

Starting in 2016, Solomon said Canadians can expect to see major retailers team up with Uber to offer same-day delivery.

He said in China's major cities, shoppers can receive online purchases from big-box stores in less than one hour.

"Uber is going to be able to facilitate that kind of e-commerce here in Canada," Solomon said. "It's going to be a pretty magnificent thing to watch unfold."

Solomon said Uber could bring significant changes to Canada’s health sector by making it easier for doctors and nurses to make house calls.

This past November, UberHealth was used in more than 35 U.S. cities to transport nurses to administer flu shots. Solomon said similar services may roll-out in Canada in the near future.



Advertisements

Latest Economic News

  • Ivanka Trump ordered to testify in dispute with shoe company

    Economic CTV News
    NEW YORK -- Ivanka Trump must testify in a dispute with an Italian shoemaker over one of her company's shoe designs, a judge said Friday. U.S. District Judge Katherine Forrest rejected a request by the senior White House aide's lawyers that she be blocked from submitting to a deposition in the trademark infringement lawsuit brought by Aquazzura Italia SRL against her and her company IT Collection LLC. Source
  • Cooling measures already affecting hot Toronto housing market: survey

    Economic CTV News
    The recent intervention by the Ontario government to cool the Toronto-area’s hot housing market is already having an impact on sellers and buyers plans for the year, according to a new poll. At the end of April, Ont. Source
  • Why is the American teen summer job disappearing? [Video]

    Economic Toronto Sun
    WASHINGTON — It was at Oregon’s Timberline Lodge, later known as a setting in the horror movie “The Shining,” where Patrick Doyle earned his first real paycheque. He was a busboy. The job didn’t pay much. But Doyle quickly learned lessons that served him for years as he rose to become the CEO of Domino’s, the pizza delivery giant: Source
  • Waiting for a Canadian housing crash? Warren Buffet bets against it buying 38% stake in Home Capital Group Inc.

    Economic Toronto Sun
    Warren Buffett's deal to back Home Capital Group Inc. does more than support a struggling mortgage lender -- it's a vote of confidence for a housing market that everyone from investors to global ratings companies say is a bubble ready to burst. Source
  • CIBC looks to generate quarter of earnings from U.S.

    Economic CBC News
    CIBC closed its acquisition of Chicago-based PrivateBancorp on Friday, securing its foothold in the U.S. where CEO Victor Dodig said the bank hopes to one day generate a quarter of its earnings. The Canadian bank now earns roughly five per cent of its profits in the U.S. Source
  • CIBC closes acquisition of U.S.-based PrivateBancorp

    Economic CTV News
    TORONTO -- CIBC closed its acquisition of Chicago-based PrivateBancorp on Friday, securing its foothold in the U.S. where CEO Victor Dodig said the bank hopes to one day generate a quarter of its earnings. The Canadian bank (TSX:CM) now earns roughly five per cent of its profits in the U.S. Source
  • Consumer demand for debt as high as it has ever been, Equifax says

    Economic CBC News
    Canadians' appetite for debt is as insatiable as ever, a new report from credit monitoring firm Equifax says. Equifax calculates that Canadian consumers owed $1.729 trillion at the end of the first quarter, an increase of 6.9 per cent in a year. Source
  • Sears Canada store closures expected to have little impact on RioCan

    Economic CTV News
    NEW YORK -- Sears is closing another 20 stores as the ailing retailer tries to turn around its business. Real estate investment trust Seritage, which owns the 20 real estate properties, confirmed the closings-- 18 Sears stores and two Kmart stores -- in a government filing Friday. Source
  • Ontario rent increases capped at 1.8 per cent next year

    Economic CTV News
    TORONTO - Landlords in Ontario will be able to increase rents up to 1.8 per cent next year, as rent controls are expanded under the Liberal government's housing plan. The annual rent increase guideline is the maximum amount a landlord can boost a tenant's rent without needing the approval of the Landlord and Tenant Board. Source
  • Norsat International investors approve takeover bid from Chinese firm

    Economic CBC News
    ?Norsat International Inc. says its securityholders have voted to approve a controversial takeover of the company by Chinese company Hytera Communications Co. Ltd. The Canadian satellite communications firm says its securityholders voted 72.53 per cent in favour of the offer of $11.50 US per share. Source