McDonald’s is expanding its McDelivery service globally with the help of the UberEATS platform. Nearly 8,000 McDonald’s restaurants in 47 countries on 6 continents are now offering delivery service and this is helping to position McDonald’s to take advantage of this largely untapped demand. They now have nearly $1 billion in annual delivery sales which helped lift their stock price to all-time highs after reporting first quarter earnings with an 8 percent revenue increase. They expect this trend toward more delivery sales to continue to buoy their revenue growth as 75% of the population in their top markets lives within 3 miles of a McDonald’s restaurant.
Read more: McDonald’s Delivery Expands Global Reach to 7,800 Stores
