Stacked raises $35M to bring passive investing tools to retail crypto traders

Stacked, a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research, a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda. Fidelity International Strategic Ventures, DRW Venture […]

NYC passes bills to improve conditions of app-based delivery workers

The New York City Council passed bills today that will set minimum pay and improve working conditions for gig workers making deliveries for apps like Grubhub, DoorDash and Uber Eats. More specifically, the bills allow delivery workers to use restaurant bathrooms, limit how far they can be asked to deliver, set minimum payments per trip […]

GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the food supply chain

When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a […]

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 […]

Uber Eats, Grubhub, DoorDash sue NYC for limiting fees the apps can charge restaurants

Food ordering and delivery platforms DoorDash, Caviar, Grubhub, Seamless, Postmates and Uber Eats have banded together to sue the City of New York over a law that would permanently limit the amount of commissions the apps can charge restaurants to use their services. The Wall Street Journal first reported the news that the companies filed […]