I heard the other day, you know, 20% of all meals in the United States are prepared by a restaurant. 2% are delivered.
We think this is going to be the next catalyst for the growth of this industry. And we want to empower like the neighborhood store, the neighborhood restaurant to some extent to be even able to out-Amazon Amazon.
I think it is pretty cool to imagine how automation, robotics, AI are going to start to make it possible to build, you know, that physical twin to the internet.
The real world can just kick your ass. And I think that one of the things that kind of brings these teams together culturally is we operate in the real world.
Welcome back to the factory, Dara.
Thank you. Thank you very much. Very excited.
Do you want to share the news why you're here?
Thank you very much, Keller. So, we are very excited to announce a partnership with Zipline between Uber Eats and Zipline that involves an investment and more than that, a partnership for Zipline to power home delivery. Our goals and ambitions are huge. We want to get to a million deliveries a day as soon as possible.
Yeah, we're super excited. I think it's a crazy inflection moment. You know, I think that obviously we're living in a world where AI is accelerating and now robotics is accelerating. And you can get anything delivered to your home in 10 to 15 minutes. I don't think this partnership would have been possible a year ago, but it's possible today because the technology is ready to scale.
And what we've seen is that on-demand delivery of anything to your home in 30-35 minutes is already something that is delightful. More and more people are using it. All of e-commerce is kind of moving there. We think that 10 to 15-minute delivery time, that is going to be kind of next level.
Okay, so now that we have this ambitious vision, we're going to launch as quick as we possibly can. What does it matter for the world?
So one is whatever vision I have in five years will be totally untrue because the world is moving so quickly. Autonomous technology of all kinds is really changing our business whether it's like AVs and working with partners like Waymo or Nuro or Baidu etc. Autonomous vehicles and that's going to be a huge shift for Uber and we're investing a lot in partnerships there.
But I actually think that our partnership and the power and the capabilities that you bring can be even more revolutionary for the delivery business because if you think about AVs it's kind of the same thing, right? It's not a person driving a car, it's a computer driving car. Yes, it's going to be safer. You'll have privacy etc. But in some ways actually the computer driving car is a little slower etc. There may be a trade-off although it's a delightful consumer experience. When you get to delivery by drone, one, it's great for society reduces congestion, you know, electric better for the environment etc. But you're moving what has been and continues to be a delightful experience which is get anything delivered to your home in 30-35 minutes. Like clearly people love that. Getting that to 15 minutes, I believe can open up an enormous next leg of delivery whether it's food or retail and everything to your home. We only designed our fulfillment systems that way because of the necessity of the time. We're actually seeing in some other countries in India, Middle East for example, the quick commerce segment that's so much younger than the classic OFD online food delivery in 30 minutes quick commerce in 15 minutes. It's already eclipsed kind of 30-minute delivery. We expect to see the same thing. So, we're very excited. We think this is going to be the next catalyst for the growth of this industry, which is already growing at crazy rates. So, we're psyched.
And you know, I heard the other day, you know, 20% of all meals in the United States are prepared by a restaurant. 2% are delivered. You know, as people change their behaviors, you can see a massive opportunity to kind of like expand the overall market, save people time, deliver like amazing experiences, amazing food to people who wouldn't otherwise have access. There's so much growth that still has to happen here. I mean, it's amazing. You mentioned that Uber Eats is now about half of Uber revenue, I think. And yet, 2% of all meals in the US, delivery is 2% of all meals in the US. It just makes you realize like it's 12:01 a.m.
It's amazing. And we've talked to a lot of our restaurant partners in the early days when we introduced Uber Eats, there was a fear of, 'Hey, is this going to be cannibalistic?' And what we found is 80 plus percent of the volumes are actually incremental volumes. They're new customers. It's the convenience and the timing, you know, allows people to have their time back. They don't have to make their own food, etc.
And particularly for those restaurants, you know, might be a single location, they can now reach 10 times as many customers via instant delivery as they could before the partnership.
Yeah. And we want to empower like the neighborhood store, the neighborhood restaurant to some extent to be even able to out-Amazon Amazon. I really do think that this can put a lot of power behind those neighborhood restaurants, small businesses, that are the core of like what's made America great.
Totally. Yeah, I mean, it's like how the internet moves information. We can now build a layer that moves, you know, packages in the real world as quickly as we move information on the internet.
When you just change the definition of a service and I think this truly can change it safer, faster, environmentally friendly. You're not using like a 3000, yeah, quieter. You're not using a 3000-4000 pound car to deliver a 10 pounds, you know, kind of dinner package. So it's much more efficient as well if you think about it.
Yeah, we always try to think about like neighborhoods, you know, like I think neighborhoods are a good unit of scale to think about which is basically like is this going to be good for neighborhoods? Perhaps more technology should ask themselves that question, you know, there maybe some examples of ones that needed to ask sooner and we really felt like hey the only way that this kind of new layer of infrastructure can really scale for humanity is if it's better for neighborhoods in every way than the way we were doing it before.
