You are here

Uber muscles in on European parcel market

Credit Suisse analysts estimate that if Amazon delivered half of its own parcels in three to five years, it could mean an annual 3 to 5 per cent revenue loss for DHL.


EUROPE'S postal companies, already under pressure from Amazon, could soon face a challenge from Uber, which is moving into deliveries, and other startups.

UberRUSH - run by Uber but connecting you to a courier rather than a taxi - and new entrants such as PiggyBaggy and...