Tag: cloud retail infrastructure

Brief: Deliveroo confirms London for IPO; sets aside $69m shares for users, $22m for drivers

March 8, 2021

The UK food delivery app also said it will pay its self-employed drivers IPO bonuses of up to $13,827 each.

BRIEF: Wolt raises $530m to grow on-demand delivery ‘beyond the restaurant’

January 28, 2021

Like many of its peers, the Finnish food delivery app has diversified into groceries and other goods during the Covid-19 pandemic.

Grab makes major e-grocery move with first ‘dark store’ as merger talks continue

December 3, 2020

Pushing further into food e-commerce, Singapore-based Grab has opened its first ‘dark store’ as negotiations with Indonesian archrival Gojek gather pace.

Ocado spends $287m in retail robotics double-swoop

November 3, 2020

The UK firm is buying two US startups, with CEO Tim Steiner seeing “significant opportunities” in robotic manipulation solutions for online retail and logistics.

Thailand’s biggest bank launches food delivery app with $14.4m funding

November 2, 2020

Robinhood is going head to head with unicorns Gojek and Grab – but believes it can better serve “the small guys” who run most of kingdom’s restaurants.

Last mile delivery startup Onfleet raises $14m to meet Covid-19 demand surge

October 30, 2020

The San Francisco startup has onboarded 300 new businesses during the pandemic as food retailers scramble to offer consumers new e-commerce options.

Indonesia’s GudangAda raises $25m at Series A with $100m in monthly food & ag transactions

May 5, 2020

Sequoia Capital and Alpha JWC Ventures co-led the round, which brings the B2B marketplace’s total funding to $36 million in just 15 months.

Uber Eats beats a retreat in Europe, Americas, and Middle East

May 5, 2020

Uber is pulling out of the food delivery business in 7 countries to “reinvest… in priority markets.” Here are some clues as to where it should refocus.

Gojek acquires mPOS startup Moka for a reported $120m to boost its food merchant platform

April 20, 2020

Moka, a Jakarta-based startup offering POS software for food merchants, could help the on-demand ‘super app’ build out its service offering to restaurants.