Tag: online food ordering
JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding
On the heels of Amazon getting approval from the competition authority to proceed with an investment leading a $575 million round for food delivery startup Deliveroo in the UK, two of Deliveroo’s biggest rivals got their own £6.2 billion merger approved, and they have subsequently picked up an extra $756 million…
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Uber Eats customers have given $3 million in direct contributions to restaurants
Uber Eats customers have given $3 million in direct contributions to restaurants using a new feature on the app designed in response to the COVID-19 pandemic. The milestone caps off a related campaign by Uber Eats to match up to $3 million in contributions made by customers. Uber Eats is…
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Uber adds retail and personal package delivery services as COVID-19 reshapes its business
Uber is introducing two new types of services, the company announced this week, including Uber Direct and Uber Connect. Direct is a delivery platform for retail items, while Connect is a peer-to-peer package delivery service, for sending goods to family and friends. This marks the most aggressive foray yet for…
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Uber pulls back from operating profit target
Uber is walking back its guidance for what was supposed to be a milestone year for the ride-hailing company that included reaching an operating profit by the last quarter. Uber said Thursday it was withdrawing its 2020 guidance for gross bookings, adjusted net revenue, and adjusted EBITDA, which were provided…
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Delivery Hero CEO shares what he’s learned about managing logistics during a pandemic
Food-delivery platforms are on the front lines during the coronavirus crisis, with major spikes in demand as communities are confined at home, likely with more time to cook than usual. And while some restaurants have opted to shut down, others have turned to takeout as a lifeline. Yet physical contact…
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Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown
Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last few weeks as people have sheltered in place to slow down the spread of the novel coronavirus. Today, one of the startups that’s built a business…
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