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Uber weighs higher bid for Delivery Hero: FTUber's board met to discuss increasing its offer for Delivery Hero after a major shareholder rejected a bid valuing the German firm at over...- Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
- Robots, drones could slash global food delivery costs to $1 per order, Barclays saysAutonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions...
- Italy's delivery riders keep winning in court but losing on the streetsYears of court rulings against multinational food delivery firms in Italy have so far failed to curb their alleged exploitation of workers,...
- Zomato joins delivery platforms coalition to drive green vehicles adoptionThe coalition's founding charter unites members to dramatically speed up the implementation of zero-emission deliveries by shifting to elec...
- Prosus wins conditional EU antitrust nod for Just Eat Takeaway dealProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
- Prosus set to win EU nod for $4.74 billion Just Eat deal, sources sayProsus, which is majority owned by South Africa's Naspers, announced the deal in February, banking on its artificial intelligence capabilit...
- Uber to buy controlling stake in Turkey's Trendyol GO food delivery business for $700 millionThe stake purchase from Turkish e-commerce firm Trendyol Group gives Uber control of a platform that serves customers nationwide, deliverin...
- DoorDash makes a $3.6 billion offer to buy British meal delivery company DeliverooBritish meal delivery company Deliveroo confirmed on Friday that it received a proposal from DoorDash on April 5 to buy all of its shares f...
- Doordash held talks with UK's Deliveroo on takeoverDoordash showed interest in acquiring Deliveroo, but talks ceased over valuation. Deliveroo's shares closed at 127.5 pence, valuing the com...
- $388 in Sushi and a $20 tip: the brutal math of UberEatsFood delivery soared in popularity during the height of the pandemic, when delivery drivers were called heroes who risked getting sick so o...
- Swiggy, Zomato figure in world's top 10 e-commerce food delivery platformsThe report by ETC Group said, " "The food delivery sector is rapidly consolidating, but ownership is a moving target. As companies jostle f...
- The pain after the gain: grocery deliverers reshuffle after lockdown boomAs the COVID-19 pandemic kept consumers behind closed doors, investors poured billions into "quick commerce" grocery firms that pledged to ...
- German grocery app Gorillas to cut staff in search of profitBerlin-based Gorillas, founded in 2020, has tripled the size of its business since October when it raised 860 million euros ($921 million) ...
- Zomato trading at heavy discount to listing price: Should you grab a bite?Kotak Institutional Equities felt the recent sharp correction in Zomato stock offers a buying opportunity.
- Shankar Sharma on why 2021 seems like 2000 for stock markets2021 has seemed eerily similar to 2000. There have been millions of ‘lucky people’ on the planet in the last couple of years. The pandemic ...
- Delivery Hero buys minority stake in grocery delivery startup GorillasBerlin-based grocery delivery company Gorillas is now valued at about $2.1 billion in pre-money valuation, according to Delivery Hero.
- Amazon's food-delivery experimentsOver a year into its limited launch, the e-tail giant has been mostly operating under the radar in 70-odd pin codes in Bangalore.
- Is Zomato IPO super expensive or price band just an optical illusion?Zomato IPO opened for subscription today with a price band of Rs 72-76. The last date to apply for the IPO is July 16.
- Former Square, Facebook senior executive Gokul Rajaram joins Pine Labs as advisorRajaram has over two decades of experience in product development and management.
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