On a congested sidewalk next to a busy mall in Shenzhen, a 20-something woman uses a smartphone app to order a milk tea on Meituan, a major food delivery company. In under ten minutes, the pearl-white drink arrives, not on the back of one of the city’s ubiquitous delivery bikes, but descending from the cloudy […]
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 […]
TikTok is launching delivery-only restaurants across the US in March
TikTok is preparing to launch a new service that will turn its viral food videos into meals you can actually order and enjoy. The social app is partnering with Virtual Dining Concepts and Grubhub to launch “TikTok Kitchen”-branded delivery-only restaurants across the United States next year, as first reported by Bloomberg. The menu at the […]
Fraîche grabs new capital to whip up fresh-delivered meals for New York offices
The company includes a smart fridge that is stocked with meals and snacks daily, and a mobile app so that office employees can check out the contents whenever they want.
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 […]
Anakin’s pricing tool gives e-commerce companies jump on competitors
The company launched its tool in March that help e-commerce stores and brands increase their revenue using pricing, products and trends data from other companies.
Tiggy ready to take on Canadian food delivery incumbents with 15-minute option
Employing a dark store model is “virtually non-existent in Canada,” according to the company.
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 […]
Are rivals snacking on Instacart’s core grocery delivery market?
Instacart’s growth rate is plateauing. What’s going on?
a16z, Base Partners cook up $15M in funding for Colombia cloud kitchen concept Foodology
Foodology collects data on user preferences and cross-references that with nearby food options in a geographical area to manage the end-to-end creation of original dishes with delivery.