food delivery
DoorDash introduces a new corporate product, DoorDash for Work
Delivery service DoorDash is giving employers a way to feed their remote employees through a new suite of products called DoorDash for Work. There are four main products, starting with…
Quarantine drives interest in autonomous delivery, but it’s still miles from mainstream
The prospect of truly zero contact delivery seems closer — and more important — than ever with the pandemic changing how we think of last mile logistics. Autonomous delivery executives…
Venmo’s first credit card is here, a former Amazon employee is arrested for fraud and we review the Nest Audio smart speaker. This is your Daily Crunch for October 5,…
Companies that have leveraged technology to make the procurement and delivery of food more accessible to more people have been seeing a big surge of business this year, as millions…
Final week to score $50 student passes to TC Sessions: Mobility 2020
Class is about to be in session, students. If you’re passionate about mobility and transportation tech and hungry to learn from the visionaries, makers and investors who are building the…
Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia
Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief…
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 in Los…
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.…
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’s food delivery…
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,…
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…
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…
Featured Article
As pandemic drags on, interest in automation surges
Today, the U.S. exceeded three million COVID-19 cases and 132,000 deaths. In several states, new hotspots have rolled back plans to reopen businesses. The novel coronavirus has — and will continue — to profoundly impact the way we live and work. For the moment, that includes a shift in the employment status of many Americans.…
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…
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…
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…
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…
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…
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 adapted…
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’…
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…
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…
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 makes them key…
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…
Latin America Roundup: Big rounds, big mergers and a $3.8M pandemic fund from Nubank
Despite the global panic caused by the current pandemic, startups in Latin America have continued to attract international capital. In April, Mexico’s Alphacredit, Colombia’s Frubana and Brazil’s CargoX were among…
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…
Deliveroo cuts ~15% of staff as coronavirus challenges food delivery
Is it feast or famine for food delivery startups during the coronavirus pandemic? The UK’s Deliveroo has confirmed it’s axing more than 350 staff — or around 15% of its global…
Apple adds COVID-19 testing sites to Maps across the US, and shares more mobility data
Apple has now added COVID-19 testing sites to its Apple Maps app across the U.S., covering all 50 states and Puerto Rico. The update provides testing locations including hospitals, clinics,…
JustEat Takeaway $7.6B merger approved, pair pick up $756M in new funding
On the heels of Amazon getting approval from the competition authority to proceed with an investment leading a $575 million round for food delivery startup Deliveroo in the UK, two of…
Will China’s coronavirus-related trends shape the future for American VCs?
There may be dark horses waiting to break out when this pandemic is over. Paraphrasing “A Tale of Two Cities,” this is the worst time, but also maybe the best…
