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 transferring its Uber Eats  business operations in the United Arab Emirates (UAE) to Careem,  its wholly owned ride-hailing subsidiary that’s mostly focused on the Middle East. “Consumers and restaurants using the Uber […]

advantage in the food delivery war

Last month, the most coveted partnership in the UK takeaway sector came to an unceremonious end. Uber Eats lost the exclusive rights to make around 15 million McDonald’s deliveries each year in the UK, after the fast-food giant announced plans to open up the relationship to include major rival JustEat. On paper, the union was ideal. McDonald’s made […]

Takeaway.com Acquires Just Eat to form Largest U.K. Delivery Firm

In a potential hint at what the U.S. delivery market might look like in a couple years, Takeaway has acquired Just Eat for $7.8 billion in an all-stock deal. Amsterdam-based Takeaway.com is at the final step before integrating operations with the U.K. operator. As of a year ago, Takeaway was the sixth-largest global operator with […]

Takeaway seals victory in $8 billion Just Eat battle

Online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will create one of the world’s largest meal delivery companies. Takeaway said that 80.4% of Just Eat shareholders had agreed to its all-share offer, passing a 50% threshold needed to make the offer unconditional. “I am thrilled,” […]

Takeaway.com wins fierce Just Eat battle to create online food delivery giant

The fierce battle for U.K. food delivery company Just Eat JE, +1.92%   has finally come to an end after Takeaway.com TKWY, +1.62%  shareholders approved an all-share £6 billion takeover to create one of the world’s largest meal delivery companies. The Dutch-listed Takeway.com fought off a rival bid from Prosus, the Amsterdam-listed investment vehicle owned by South African tech giant Naspers NPN, +1.47%   […]

Amazon’s investment in food-delivery app Deliveroo, its key weapon against Uber Eats in the UK, suffered another big setback from regulators

The UK’s Competition and Markets Authority has decided to move forward with an investigation into Amazon’s stake in the online food delivery group Deliveroo, it announced Friday.   Amazon led a $575 million fundraising round by Deliveroo in May, and its stake would give it more say in running the online food delivery group’s far-reaching UK network.  But the […]

How the 27-year-old CEO of delivery app Glovo targeted Uber Eats weak spots to hit a $1 billion valuation

Spanish delivery startup Glovo has raised $167 million in a fundraising round led by Mudabala, the Abu Dhabi sovereign wealth fund. Glovo competes with Uber Eats in some European markets and data suggests it is beating the company in Spain and Italy. The raise makes Glovo the latest startup to reach unicorn status, pushing its […]

Amazon’s Deliveroo Takeout Leaves an Unpleasant Taste

It’s the worst nightmare of supermarkets and food delivery firms alike: Amazon.com Inc. turbocharging its grocery business with a network of couriers who can have grub on your doorstep within an hour. So you can see why Britain’s competition regulator has decided to challenge the e-commerce giant’s planned investment in Deliveroo, the U.K. rival to […]

DELIVERY HERO DELIVERED 71M ORDERS IN OCTOBER OVERTAKING UBEREATS AS THE LARGEST FOOD DELIVERY PLATFORM OUTSIDE CHINA

When you’re talking about European outliers, especially in Berlin, it’s impossible to not name Delivery Hero, their meteoric rise did lots to really show what could be built here and especially in Berlin. Successes of such magnitude go a long way in creating critical mass and narrative that attracts inward investment and acts as a […]

Uber Eats turns five: What the restaurant industry has learned from the ride-share giant

This year marks the fifth anniversary of Uber Eats. It started as an ‘UberFRESH’ service in Santa Monica, California, and was later renamed and released as an app, separate from the ride-sharing service. It’s fair to say that Uber Eats (and its most significant rival is most areas, Deliveroo) has changed the way that we […]