HORSHAM, PENNSYLVANIA / ACCESS Newswire / September 9, 2025 / dlivrd Technologies Inc. has acquired Omnicart’s proprietary platform to fast-track the growth of its off-premise technology, built specifically to manage complex and high-value delivery operations. This addition links the customer’s order through to dispatch and delivery tracking, creating a unified experience that drives scale, consistency, and service excellence. …
Category Archives: Capital
DoorDash’s planned takeover of Deliveroo to be reviewed under EU’s simplified merger procedure
BRUSSELS (Reuters) -The planned $3.9 billion takeover of Deliveroo by U.S. meal delivery firm DoorDash will be reviewed under the European Union’s simplified merger procedure, EU Commission documents showed on Tuesday. The food delivery app companies reached a deal valuing Deliveroo at about 2.9 billion pounds ($3.92 billion) in May. The fact that the EU …
Uber Q2 Earnings: Trips Surge, $20 Billion Stock Buyback, CEO Sees No Slowdown
Uber Technologies (NYSE: UBER) reported fiscal second-quarter 2025 results on Wednesday. The company reported a quarterly revenue growth of 18% year-on-year to $12.65 billion, beating the analyst consensus estimate of $12.46 billion. Uber reported adjusted EPS of 63 cents, which beat the analyst consensus estimate of 62 cents. Revenue from Mobility grew to $7.3 billion, up 19% Y/Y. Delivery was $4.1 billion, up 25%, …
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Giftify, Inc. Reports Second Quarter 2025 Financial Results, Revenue of $20.9 Million
Company achieves gross profit increase of 18.3% to $3.9 million Strategic initiatives including TakeOut7 acquisition and AI implementation driving operational improvements SCHAUMBURG, IL, Aug. 13, 2025 (GLOBE NEWSWIRE) — Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of CardCash.com, Restaurant.com, and Takeout7.com, and a leader in the incentives and rewards industry, today announced financial …
Food Media Company Tastemade Acquired by Wonder, Parent of Grubhub, for $90 Million
Food-delivery company Wonder announced a deal to acquire independent media firm Tastemade, which produces original content spanning food, travel, and home and design. Financial terms of the deal weren’t disclosed. Wonder is buying Tastemade for about $90 million, according to sources, as first reported by the Wall Street Journal. Tastemade had raised $131 million from investors including Amazon, …
Uber ends Foodpanda Taiwan acquisition after regulatory hurdles
March 11 (Reuters) – Uber has terminated its $950 million bid for Delivery Hero’s Foodpanda business in Taiwan, the food delivery company said on Tuesday, owing to regulatory hurdles. Taiwan had in December blocked the deal on anti-competitive concerns. Its Fair Trade Commission argued the buyout of Uber’s main rival, Foodpanda, would increase the combined market share to 90% …
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China food-delivery war takes $128.1 billion chomp from Alibaba
HONG KONG – A protracted battle in China’s food-delivery market has chopped US$100 billion (S$128.1 billion) in market value from Alibaba Group Holding, with no end in sight for damage to profits and investor confidence. Its shares have plunged 28 per cent from a March high in Hong Kong, nearly double the loss in a gauge of …
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Olo vs Toast: $2B vs $25B – The Strategic Tale of Two Tech Giants
Here’s a concise tweet summarizing the Olo vs Toast analysis: 🧵 Olo vs Toast: A $2B vs $25B tale of strategic choices Both restaurant tech companies IPO’d in 2021, but chose radically different paths: 🎯 Olo: Enterprise-first (300k locations) → Higher margins (61% vs 25%) → $339M revenue (2025E) → Acquired for $2B 🚀 Toast: …
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Olo to be Acquired by Thoma Bravo in $2B All-Cash Deal
In a major move in restaurant tech, Olo will be acquired by Thoma Bravo in a $2 billion cash deal. Olo says this will support growth and product expansion for the over 750 restaurant brands it currently works with. Founded in 2005, Olo has grown into a widely used platform for restaurants looking to manage …
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Introducing the New DoorDash Ads: AI-Powered Tools and Acquisition of Ad Tech Platform Symbiosys to Help Restaurants and Brands Grow
Key Takeaways DoorDash (NASDAQ: DASH), one of the world’s leading local commerce platforms, is launching its most significant update to its advertising platform to date, introducing a new suite of AI-powered tools and announcing the acquisition of ad tech platform Symbiosys to expand offsite advertising capabilities. Symbiosys is a next-generation retail media platform that helps brands expand …