Uber's (UBER) recent decision to sell its alcohol delivery businesses like Drizly and Cornershop raises questions about its impact on the ride-hailing giant. 

• ‍Financially, the exit from alcohol delivery represents a minimal impact. These ventures collectively contributed less than 5% of Uber's total revenue in 2022. Therefore, any immediate financial hit is unlikely to be material.‍
• However, the move signifies a strategic shift away from non-core businesses. Uber, long criticized for its sprawling portfolio, seems to be streamlining its focus on its core ride-hailing and food delivery segments. This renewed emphasis aims to improve operational efficiency and profitability.
• Uber's exit from alcohol delivery doesn't mean a retreat from the broader delivery space. The company remains firmly committed to food delivery, a high-growth market with significantly larger revenue potential.
• While Uber sheds alcohol delivery, competitors like DoorDash (DASH) and Grubhub are expanding their offerings in this space. This intensified competition could impact Uber's overall delivery market share in the long run.
  

Uber's divestment of its alcohol delivery businesses is a calculated move with minimal immediate financial impact. It underscores the company's focus on core segments and streamlining its operations. Similarly, its long-term implications for Uber's delivery market share and competitive landscape will likely be immaterial.

Chinese e-commerce firms AliExpress, which is owned by, Alibaba (BABA), and Temu, which is owned by PDD Holdings (PDD), are emerging contenders that could challenge Amazon’s (AMZN) dominance:

AliExpress:

• Global marketplace with competitive prices.
• Direct connection to Chinese manufacturers.
• Threatens Amazon’s international market share.

Temu:

• Explosive growth, especially in the U.S.
• Focuses on cheap, unbranded items.
• Faces infrastructure challenges.

While Amazon remains strong, these challengers are making their mark. The e-commerce landscape is evolving.