Few startups can say they’ve had an easy time fundraising this year. But Soplaya says the round it just closed was fast and painless, all things considered.
PuduTech and Meituan Dianping will collaborate on robotics and catering digitization, and explore opportunities in “localized lifestyle services.”
Food delivery services are bigger than ever, as locked-down consumers turn to apps for meals and groceries. But the economic outlook for service providers remains tough.
The Singapore-based unicorn is extending its order-anything ‘super app’ platform to the region’s farmers, fishermen, and food traders to keep things ticking as Covid-19 continues.
Facebook’s first investment in an Indonesian company has echoes of its $5.7 billion Jio deal in India earlier this year.
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.
“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.
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.
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.
Consumers are demanding more digital offerings from restaurants, but new technologies are creating unexpected pain points for operators.
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.
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.
Gojek and archrival Grab are rumoured to have held discussions about a potential merger.
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.
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
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.”
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.
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
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
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets