McDonald's Corp. (MCD)

$ 254.24
   
  • Change Today:
    $0.43
  • 52 Week High: $300.53
  • 52 Week Low: $246.19
  • Currency: US Dollars
  • Shares Issued: 722.70m
  • Volume: 1,471,070
  • Market Cap: $183,736m
  • RiskGrade: 84

McDonald's teams up with Uber to trial McDelivery service in UK

By Conor Coyle

Date: Friday 23 Jun 2017

LONDON (ShareCast) - (ShareCast News) - Fast food giant McDonald's will now be able to bring your Big Mac directly to your sofa - as it trials a new UK delivery service in partnership with Uber.
Along with the tech firm's UberEats, McDonald's will begin deliveries from 22 outlets in London, Nottingham and Leeds in order to assess the profitability of the new service.

Users of the app will be able to avail themselves of the service if they live within 1.5 miles of one of the participating outlets.

McDonald's has for years put off attempts to offer its own delivery service, but with increased competition from other food providers it has now decided to change course.

"Delivery is something that my customers often ask about so it's exciting that we're now up and running with McDelivery in a selection of my London restaurants," said Claude Abi-Gerges, who runs five McDonald's franchise outlets in London which will be taking part in the trial.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

McDonalds Market Data

Currency US Dollars
Share Price $ 254.24
Change Today $ 0.43
% Change 0.17 %
52 Week High $300.53
52 Week Low $246.19
Volume 1,471,070
Shares Issued 722.70m
Market Cap $183,736m
RiskGrade 84

What The Brokers Say

Strong Buy 11
Buy 15
Neutral 10
Sell 0
Strong Sell 0
Total 36
buy
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Trades for 11-Jun-2024

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