Wonder Closes Blue Apron Buyout for $103M
Wonder founder Marc Lore sees something in meal kits that has so far eluded the best known players in the category. After announcing his intent to purchase Blue Apron in October, Wonder Group officially closed the deal for $103 million, a far cry from its previous...
Uber’s Revenue Up 11 Percent as Delivery, New Verticals Rise
While Uber slightly missed analyst expectations for its third-quarter 2023 financial results, the delivery, freight and rideshare provider posted growth in active users and gross bookings, boosting its share price from the low 40’s to approximately $50/share. ...
DoorDash Posts Best Quarter Since IPO
DoorDash’s shares have maintained their post-earnings jump after the San Francisco-based delivery giant reported its third-quarter financial results showing double-digit increases in total orders and revenue, among others. Its shares rose approximately 20 percent...
The Global Delivery Provider Landscape
Contributing editor, Peter Backman is a long-term foodservice sector guru and founder of theDelivery.World, a platform that connects the delivery sector and makes sense of the myriad changes and challenges that affect the sector across the globe. In 2023, the global...
Mars Snacking Taps Uber in New Ad Campaign, Builds on Omnichannel Delivery
Uber customers taking a ride or waiting for their Eats orders may be inclined to add some sweet purchases. Global consumer product goods (CPG) treats and snack company, Mars Snacking, has announced a new brand experience with Uber and Uber Eats, providing interactive...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.