Domino's Pizza on Wednesday said it had entered into a new agreement with Uber that will allow customers to order Domino's products through Uber's food delivery apps.
Shares of the pizza maker were up 7 per cent in premarket trading, while Uber was up 2 per cent.
The company said the agreement allows US customers to order Domino's products through Uber Eats and Postmates apps with Domino's and its franchisees handling the delivery.
Domino's has been raising prices on menu items and increasing delivery charges in a bid to shield margins from high input costs.
In April, the world's largest pizza chain warned of a slowdown in its delivery business as customers turned towards cooking cheaper meals at home amid a sticky cost of living crisis.
Published 12 July 2023, 11:24 IST