Tag: Food
Slice, an online ordering and marketing platform for pizzerias, raises $43M
Global investment firm KKR is betting on the pizza business — it just led a $43 million Series C investment in Slice. Formerly known as MyPizza, Slice has has created a mobile app and website where diners can order a custom pizza delivery from their local, independent pizzeria. And for…
Read MoreA Grubhub-Uber tie-up would remake the food delivery landscape
Earlier today news broke that Uber is pursuing an acquisition of Grubhub. The global ride-hailing giant is worth a multiple of the American food delivery service, making the tie-up financially feasible, provided that a palatable price can be found for both parties. The Wall Street Journal broke the news; you…
Read MoreTim Hortons eyes China coffee drinkers with Tencent investment
Canadian coffee-and-doughnut chain Tim Hortons has secured a heavyweight partner to further its China expansion. The company announced on its social media account (in Chinese) on Tuesday that it has landed funding from Tencent, the Chinese social networking and gaming giant, without disclosing the size of the proceeds. Tim Hortons…
Read MoreTarget is looking to buy Deliv’s same-day delivery tech
Target, which already owns on-demand delivery service Shipt, is in talks to buy assets from Deliv, NBC News first reported. “Deliv is in the process of completing a deal to sell technology assets to Target and Deliv’s CEO along with a subset of the team will be moving over to…
Read MoreLatin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank
Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among those that raised particularly large rounds to support their growth during this challenging time. All three companies target markets that…
Read MoreGig workers in San Francisco are mostly people of color and many are immigrants, according to survey
Gig workers have become an essential part of our society during the COVID-19 global health crisis. But even before the pandemic, gig workers had become a staple in the lives of many people who use services like Uber, Lyft, Instacart, DoorDash and Postmates. Despite the growing presence of gig workers,…
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