Oxwash, a U.K. startup that’s spent the last few years applying high tech processes to shrink the environment cost of dry cleaning and commercial laundry, has trousered £10 million (~$12 millio
During the pandemic, delivery startups — whether focused on groceries, essentials or takeout — became the darling children of venture capital firms. Early on, mandates and closures put up
Not every q-commerce company will fail. But startups that raised huge sums of money to build super-rapid consumer delivery models are laying off staff, attempting to merge and otherwise stay alive.
The value of delivery giants around the world is in decline. Given all that, you might expect that investors would curtail wagers. And yet.
How should we think about the importance of geographic spread — sprawl? — when it comes to on-demand companies?
Singapore-based Deskimo, the on-demand app that lets people find co-working spaces and pay by the minute, announced today it has raised a $3 million seed round. It is also soft launching in Jakarta, b
FunNow is a booking app for spontaneous people. For example, you can reserve a manicure or restaurant seat and head right over. As people start to spend more time outside their homes, FunNow is preppi
Founded in 2013, Bangladesh’s Chaldal was one of the first grocery delivery startups in the world to use the “dark” store model, picking up orders from its own warehouses instead of retail s
RaRa Delivery’s ambitious goal is to offer same-day deliveries in Indonesia without burning cash like many on-demand logistics providers. The company announced today it has raised $3.25 million in s
Loship, the Vietnamese on-demand e-commerce platform that started as a reviews app, announced today it has raised $12 million in pre-Series C funding, bringing its valuation to $100 million. The round
One month after entering Japan, its first international market, Coupang has launched in Taiwan. The South Korean e-commerce giant began offering its service in Taipei City’s Zhongshan neighborhood,
JustKitchen, a cloud kitchen startup, will start trading on the Toronto Stock Exchange (TSX) Venture Exchange on Thursday morning. It is doing a direct listing of its common shares, having already rai
Despite the classification of ride-hail drivers as “essential workers” during the early days of the pandemic, last April Uber’s business dropped by 80%. Drivers decided they’d rather
The clock has officially started ticking on Deliveroo’s plans to go public in April. After announcing last week that it planned to list on the London Stock Exchange, today the on-demand food del
Not having a gig economy strategy as we start 2021 is like missing the internet trend in 1990 or failing to get ahead of the mobile revolution in 2010.
JustKitchen operates cloud kitchens, but the company goes beyond providing cooking facilities for delivery meals. Instead, it sees food as a content play, with recipes and branding instead of music or
Logistics is one of the biggest challenges in e-commerce, especially for smaller merchants. Pickupp helps them compete in the on-demand economy with flexible, customizable delivery services. Based in
In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and (mos
Walmart announced today it will sell most of its shares in Seiyu, the Japanese supermarket chain it acquired 12 years ago, to KKR and Rakuten. The deal values Seiyu at about $1.6 billion and means Wal
Thuan Pham, who in May stepped down as Uber’s chief technology officer and longest-serving top executive, has a new job in South Korea. Coupang, the country’s largest e-commerce company by market
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