by Nicholas Upton | Jan 6, 2022 | Finance, News
Another global acquisition gives a little insight into the complicated world of international food delivery companies as Berlin-based Delivery Hero announced it was buying additional shares in Glovo, which is headquartered in Barcelona. Delivery Hero is set to acquire...
by Tom Kaiser | Dec 29, 2021 | Briefs, Finance, News, Third-Party Delivery
Moody’s Investors Services, the highly visible bond credit rating business, downgraded its outlook for Grubhub while maintaining a stable outlook for the third-largest U.S. restaurant delivery provider. The ratings firm cited erosion in Grubhub’s liquidity, sustained...
by Nicholas Upton | Dec 29, 2021 | Finance, Meal Kits, News
Food delivery has a packaging problem, and it’s not just sad fries. For nearly every single order, there is at least one single-use container heading to the landfill or out into the environment. To address that issue, Dispatch Goods has been working on...
by Nicholas Upton | Dec 22, 2021 | Finance, News
Waitr is set to acquire a cannabis dispensary compliance and point of sale company, adding to a growing pot-payments empire for the company. The Louisiana-based food and grocery delivery company is also changing its name as part of a $4.7 million legal settlement with...
by Nicholas Upton | Dec 15, 2021 | Finance, News
In yet another demonstration of the desire for better ordering options, Union has raised $22 million in a Series B round. The company, which bills itself as “the first hospitality engagement platform that leverages industrial-grade data intelligence to deliver...
by Nicholas Upton | Dec 8, 2021 | Finance, News
Ordering dinner at a brewery, hotel or venue from Reef ghost kitchen is not exactly hard. You head to a delivery platform, order your meal and wait for the driver. But the acquisition of 2ndKitchen promises to make it even easier. 2ndKitchen was founded three years...