ANN ARBOR, Michigan, July 15 -- The University of Michigan issued the following news:

U-M research finds Uber Eats reduces rideshare volumes for both Uber and Lyft

Study: When Uber Eats Its Own Business, and Its Competitors' Too: Resource Exclusivity, Oscillation, and Cannibalization following Platform Diversification

When Uber expanded into food delivery, the move was expected to bring additional revenue to the ridesharing company. It certainly did.

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