Appetizing prospects: Uber founder takes aim at South Korea's shared kitchen market
The former CEO of Uber is exploring investment opportunities in South Korea’s rapidly expanding food-delivery market. South Korea has the world’s fourth largest market for online food-delivery. The massive amount of food deliveries has given rise to “cloud kitchens” which are restaurants that exclusively prepare food for online delivery. This new food industry is threatening the traditional restaurant industry and changing how restaurant-prepared food is consumed by customers.
See "Appetizing prospects: Uber founder takes aim at South Korea's shared kitchen market", Heekyong Yang & Hyunjoo Jin, Reuters, July 10, 2019