Delivery Hero calls last orders on Foodpanda in Germany, Japan as it tightens focus on Q-commerce and logistics-as-a-service

German on-demand delivery giant Delivery Hero is pulling its food delivery service out of Germany again. At the same time it has announced it will exit the Japanese market, by divesting Foodpanda Japan, starting in Q1 next year. In a statement accompanying the pre-Christmas exit news, the company’s CEO and co-founder, Niklas Östberg, said: “Scaling […]

Voly raises $13M led by Sequoia to deliver instant groceries in Australia

The trend that is instant grocery delivery — online ordering of essentials with your purchases being delivered to you in under an hour — continues to proliferate across multiple markets, and in the latest development, Sequoia is leading an investment in one out of Australia. Voly, a five-month-old Sydney-based startup that offers thousands of SKUs […]

Flink, the Berlin-based instant grocery startup, is now valued at $2.85B after raising $750M in a round led by DoorDash

Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died down. Flink, the Berlin-based startup that sells food and other essentials at supermarket prices and aims to deliver them […]

Chronosphere raises $200M at a $1B valuation for cloud-native monitoring, adds granular, distributed tracing to its dashboard

Data observability — necessary to keep tabs on infrastructure performing as it should; to see if apps are returning errors; and to ensure that critical business data is getting to where it needs to go — is becoming an evermore complicated task as organizations’ cloud-native data demands and data usage grow. Today a startup that’s […]

The Station: Apple car shakeup, how Sept. 11 changed travel, and a pledge from airlines

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Twenty […]