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.
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Tag: food delivery
Io sto con i ristoratori: Italy’s foodtech industry creates digital taskforce to support foodservice industry
April 27, 2020
“Social Solidarity” is beyond any doubt one of the most used phrases of recent weeks. At the same time, the foodservice industry is probably the most affected sector of the global Covid-19 pandemic, as Italy is the worst-hit European country, writes Antonio Iannone.
Indian cloud kitchen trailblazer Rebel Foods raises $50m from Coatue
April 10, 2020
Rebel Foods previously raised $125 million from Coatue, Goldman Sachs, Gojek, and Uber co-founder Travis Kalanick in its Series D round last year. It’s now expanding to Southeast Asia and the Middle East.
Samsung, Tencent pump $43m into food delivery unicorn Swiggy
April 7, 2020
Swiggy will use the capital to expand beyond its core offering of on-demand food delivery, while Alibaba-aligned archrival Zomato is also securing funds.
Restaurant tech offers consumers convenience, but headaches for operators
March 26, 2020
Consumers are demanding more digital offerings from restaurants, but new technologies are creating unexpected pain points for operators.
As restaurants see big layoffs, farming and fast food seek quick hires
March 24, 2020
A number of restaurant brands pivoting to 100% delivery models are hiring thousands of workers while a Scottish strawberry farm is offering on-farm employment.
Crowdfunding for restaurant tech at a time of Covid-19: An Edinburgh success story
March 19, 2020
A digital hospitality management point of sale system managed to close an oversubscribed investment round despite the global backdrop perhaps bolstered by its food delivery-related offering as other startups offer other means to avoid human interaction in the restaurant space.
One of Southeast Asia’s biggest food delivery apps raises $1.2bn, lays off workers: reports
March 18, 2020
Gojek and archrival Grab are rumoured to have held discussions about a potential merger.
Moink Wants to Help Small-Scale Regenerative Farmers Get Fairer Prices
July 19, 2019
The e-commerce platform offers a subscription meat box service featuring products aggregated from small family farms at prices that are fair to the farmers, according to Moink.
Chinese AgriFood Startups Raise $5.8bn in 2018 as Digital Penetration & Consumer Fragmentation Drive Growth
May 2, 2019
With the largest population in the world and as one of the largest agricultural economies in the world, China represents a major opportunity for startups
It’s a Bird! It’s a Plane! No, It’s Google’s Wing Aviation Drone Carrying your Dinner
April 25, 2019
Watch your six, Amazon. Google’s Wing Aviation, the first company to receive FAA clearance for drone delivery, is starting trials in Virginia on tech that’s “safer than cars.”
Home-cooked Meal Kit Delivery Company Serves Up $35m Series B
July 22, 2015
Food delivery services are continuing to capture the attention of the venture capital community after home cooking meal kit delivery service Plated closed a $35 million Series B round last week.
Meal Kit Maker Blue Apron Announces $135M Dollar Deal
June 10, 2015
Following the heals of Delivery Hero’s recent $110M funding announcement, two additional online food delivery companies have announced the close of respective funding deals. Blue
Delivery Hero Seals $110M Deal and Hints at Potential Post-2015 IPO
June 8, 2015
Berlin-based Delivery Hero announced recently that it has secured an additional $110 million in funding from two unidentified U.S.-based “leading public market investors.” This recent funding round
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