DoorDash may be plotting European expansion

Dive Brief: DoorDash is reportedly planning to expand in Germany, which would mark the foodservice delivery company’s European debut, according to the Quebec News Tribune. DoorDash has 21 job posting listed in Berlin, with roles ranging from management to recruitment and logistics.  The United Kingdom is also on DoorDash’s radar for expansion, and it could enter either Germany or the U.K. …

DoorDash Goes on European Deal Hunt Just Months After IPO

DoorDash Inc., the largest food-delivery company in the U.S., is seeking acquisitions in Europe, adding another well-capitalized competitor to an already crowded market. The company has made inquiries about potential food delivery targets in Europe, according to people familiar with the matter, who asked not to be named discussing private information. Germany and the U.K. …

Uber Eats launches new features and some leave the ‘riders’ behind

Uber is a company of contrasts. As the passenger transport division closed 2020 with $ 6.768 billion in losses, Uber Eats’ worldwide sales soared 224%. The confinements and limitations to mobility were taking away its main business, at the same time that the delivery division became the support of the technology company. Now, Uber is …

“An Absolute Car Crash” – Deliveroo Shares Tumble 31% In London IPO

In what some might take to be the latest sign of exhaustion in global equity markets, shares of Deliveroo tumbled 31% in their market debut Wednesday after pricing at the lower end of their range. Despite pricing near the bottom of its range, Deliveroo’s opening valuation of about £7.6 billion ($10.5 billion) was the highest in …

Foodhub looks to raise £100m for acquisition drive

UK-based takeaway delivery app Foodhub is hoping to raise £100 million in private equity funding to drive its global expansion and grow through acquisitions. The Stoke-on-Trent company has already expanded across numerous continents through acquisitions, including the USA, Mexico, New Zealand and, most recently, Australia. Founded in 2017, Foodhub has rapidly emerged as a genuine …

Delivery player Vromo inks deals with Square and Olo

The partnerships will see the Irish company integrate its tech with Olo’s operations and use Square for payments processing. Food delivery software start-up Vromo has signed deals in the US with Jack Dorsey’s payments giant Square and food ordering firm Olo. The partnerships will see Dublin-based Vromo integrate Square’s payment processing and point-of-sale technology with …

Italy Just Forced Uber Eats, Three Other Companies, To Hire 60,000 Workers

Could it be deja vu all over again? The same ride sharing services that are constantly doing battle in the U.S. about whether or not they should be hiring their workers – a move that would cripple their cost structure and any hopes of future profitability for their respective businesses – are now fighting the same …

Uber Drivers Are Entitled to Worker Benefits, a British Court Rules

Uber suffered a major defeat in one of its most important markets on Friday when Britain’s Supreme Court, in a ruling that could threaten the future of the already unprofitable company, said a group of drivers should be classified as workers entitled to a minimum wage and vacation time. The court’s decision, the latest in …

Spain’s Glovo Looks to Speed Up Delivery Commerce

Glovo stands out as a fairly unique approach to third-party delivery that combines a lot of unique operations from dark kitchens and warehouses to tightly packed pickup centers. At first blush, the company that operates in 22 countries looks a lot like a standard third-party delivery startup. It taps into 46,000 couriers to deliver all …

The Delivery Hero-Woowa Bros. Merger Faces Antitrust Hurdles

The proposed $4 billion merger between Berlin, Germany-based Delivery Hero and South Korea’s Woowa Brothers now faces regulatory hurdles around antitrust concerns, according to The Korea Herald. Some South Korean lawmakers have gone as far as to request the deal get scrapped on the grounds that it is anti-competitive. In response, South Korea’s antitrust watchdog, the …