Uber plans to roll out its delivery business into seven new European countries this year, as tech groups ramp up their efforts in the multibillion-euro food-delivery market, the Financial Times reported on Sunday.
The US-based company will launch services in markets including Czech Republic, Greece and Romania as part of a move it hopes will deliver an additional $1 billion in gross bookings over the next three years, the report said.
Susan Anderson, global head of delivery at Uber, told the newspaper it was time to "raise the bar, shake things up and deliver better value across the category".
According to the report, the move will also see penetration into Austria, Denmark, Finland and Norway.
Uber did not immediately respond to a Reuters' request for comment.
Earlier this week, Uber agreed to acquire the delivery arm of Turkey's Getir from Mubadala to expand its Turkish footprint.
Bids for billionaire Mukesh Ambani's first IPO in 20 years topped $77 billion on Friday, making Jio Platforms India's most subscribed stock offering as it surpassed the 2008 issue of Reliance Power, part of his brother Anil's group.
Sales of Apple's first folding phone, the iPhone Duo, began on Friday, with market watchers betting on whether the device can reinvent the small foldables market in the same way the iPhone did for smartphones.
Microsoft researchers say an AI tool that diagnoses patients step by step, as doctors do, was more than twice as accurate as general physicians at solving complex medical cases, according to a study published on Thursday in Science.
The UAE and Greece have announced 18 agreements and commercial partnerships worth a total of €12.75 billion, strengthening economic and investment cooperation.