Categories online food ordering

9 posts

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How COVID-19 accelerated DoorDash’s business

DoorDash filed to go public today, publishing numbers that showed rapid growth, enhanced profitability and an improving cash flow record which helped explain how the company had grown to a $16 billion valuation while private. The unicorn’s impending liquidity event will enrich a host of venture capital firms that bet […]

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Uber drivers sue company alleging coercive Prop 22 advertising

Uber is facing a class-action lawsuit over Proposition 22 that alleges the company is illegally coercing its drivers to support the ballot measure that seeks to keep workers classified as independent contractors. The suit was brought forth by two Uber drivers, Benjamin Valdez and Hector Castellanos, as well as two […]

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Uber withdraws 2020 guidance

Uber is walking back its annual guidance for 2020 due to the COVID-19 pandemic. Update: This article was corrected to reflect that the guidance was for 2020, not an update that would include the fourth quarter adjusted EBITDA profitability target. Uber CEO Dara Khosrowshahi said earlier this year that the […]

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Delivery Hero CEO shares what he’s learned about managing logistics during a pandemic

Food-delivery platforms are on the front lines during the coronavirus crisis, with major spikes in demand as communities are confined at home, likely with more time to cook than usual. And while some restaurants have opted to shut down, others have turned to takeout as a lifeline. Yet physical contact […]

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Gousto, a UK meal-kit service, raises another $41M as business booms under lockdown

Food delivery — be it ready-made restaurant meals, groceries, or anything in between — has seen a huge surge of activity in the last few weeks as people have sheltered in place to slow down the spread of the novel coronavirus. Today, one of the startups that’s built a business […]

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Latin America Roundup: Grupo ZAP, Grow Mobility, Wavy get acquired; Credijusto adds $100M; Cornershop, iFood brace for delivery boom

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 posts by this contributor Latin America Roundup: SoftBank adds $1B, Stori raises $10M and Grow Mobility puts on the […]

The hidden cost of food delivery

Noah Lichtenstein Contributor Share on Twitter Noah Lichtenstein is the founder and managing partner of Crossover, a diversified private technology fund backed by institutional investors, technology execs and professional athletes and entertainers. More posts by this contributor What Studying Students Teaches Us About Great Apps I’ll admit it: When it […]

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Uber Eats waives delivery fees for independent restaurants during COVID-19 pandemic

Uber Eats said Monday it will waive delivery fees for all orders from independently owned restaurants on the app as the COVID-19 pandemic continues to spread and causes cities to shutter all non-essential businesses. Restaurants throughout the U.S. are facing economic headwinds as city and state officials take steps to […]