food delivery

Darkstore launches FastAF app for same-day product delivery

Darkstore, the tech-driven fulfillment solution to enable e-commerce companies to offer same-day delivery, has just released a consumer-facing app called FastAF. Right now, the app is only available i

48 hours left to save on TC Sessions: Mobility 2020

Don’t you just love the feeling you get when crossing a task off your to-do list? It’s exponentially bigger and better when you can save $100 at the same time. Here’s the thing — you have just

Viral article puts the brakes on China’s food delivery frenzy

For China’s food delivery workers, life can feel like a constant battle with algorithms, traffic police and disgruntled customers. An essay detailing the hazardous work conditions of China&#8217

10 Berlin-based VCs discuss how COVID-19 has changed the landscape

A breeding ground for European entrepreneurs, Berlin has a knack for producing a lot of new startups: the city attracts top international, diverse talent, and it is packed with investors, events and a

Investors drop off $33 million for Chowbus, a delivery service for ‘mom and pop’ Asian restaurants

When big platforms have carved out large swaths of the delivery market, the best thing for an upstart company to do is specialize. For Chowbus, that meant building a food-delivery business that finds

A glint of hope for India’s food delivery market as Zomato projects monthly cash burn of less than $1M

Food delivery startups in India have been struggling to make financial sense for years. They have each lost as much as $50 million a month to win and sustain customers by offering heavy discounts. And

As pandemic drags on, interest in automation surges

Uber reportedly agrees to acquire Postmates for $2.65 billion

Uber has reportedly agreed to buy Postmates in an all-stock deal worth $2.65 billion. According to Bloomberg, the deal may be announced on Monday morning. Like other travel- and transportation-related

After losing Grubhub, Uber reportedly hails Postmates

Uber has reportedly made an offer to buy food delivery service Postmates, according to The New York Times. According to the Times, the talks are still ongoing and the deal could fall through. For thos

UK’s CMA clears Amazon’s 16% Deliveroo stake, says COVID-19 impact less severe than initially thought

More than a year after Amazon announced that it would be lead a $575 million investment into UK food delivery startup Deliveroo, the country’s competition regulator, the CMA, has finally announc

Uber pushes into on-demand public transit with its first SaaS partnership

Uber will manage an on-demand service for Marin County in the San Francisco Bay area with a Software as a Service product as part of the ride-hailing company’s broader strategy to push into publ

Why are unicorns pushing back IPOs when the Nasdaq is near record highs?

The unicorns are still at it, Vision Fund 2 or no Vision Fund 2. This week, Instacart announced that it has raised fresh capital at a valuation north of $13 billion. And, on the tail of that news item

How Grab adapted after COVID-19 hit its ride-hailing business

The COVID-19 pandemic is taking a heavy toll on ride-hailing services, like Uber and Lyft. Grab, Southeast Asia’s largest ride-hailing company, has also been impacted, but the company has adapte

Amazon launches food delivery service in India

Amazon is joining India’s online food delivery market just as top local players Swiggy and Zomato reduce their workforce to steer through the coronavirus pandemic and months after Uber Eats’ e

Daily Crunch: Apple Stores begin to reopen

Apple outlines new safety measures as it reopens stores, Huawei responds to new U.S. chip curbs and Jack Ma departs SoftBank’s board of directors. Here’s your Daily Crunch for May 18, 2020

Uber lays off another 3,000 employees

Uber is laying off another 3,000 employees, the Wall Street Journal first reported. Uber is also closing 45 offices, and rethinking its approach in areas like freight and autonomous vehicle technology

Deliveroo criticized over ‘inadequate’ PPE provision and income support for riders risking coronavirus exposure

UK food delivery giant Deliveroo has been called on to do more to protect riders’ incomes and safety during the coronavirus crisis. The ‘meals-on-wheels’ service couriers provide mak

A Grubhub-Uber tie-up would remake the food delivery landscape

Earlier today news broke that Uber is pursuing an acquisition of Grubhub. The global ride-hailing giant is worth a multiple of the American food delivery service, making the tie-up financially feasibl

Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank

Sophia Wood Contributor Share on Twitter Sophia Wood is a Venture Partner at Magma Partners . Sophia is also the co-founder of LatAm List, an English-language Latin American tech news source. More pos

Uber Eats exits seven markets, transfers one as part of competitive retooling

Uber Eats is pulling out of a clutch of markets — shuttering its on-demand food offering in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Uruguay and Ukraine. It’s also trans
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