Deliveroo Prepares its London IPO
Deliveroo, one of Europe’s largest restaurant-delivery services and one which is backed by an investment from Amazon, announced plans to go public on the London Stock Exchange in a listing that “could value the British food-delivery firm at around $7 billion and mark...
Postmates Spins off Serve Robotics
Less than three months after Uber finalized its deal to acquire Postmates, the combined entity is spinning off Postmates’ robotics division as an independent company, now called Serve Robotics. Along with that announcement came word that Serve Robotics closed its...
Delivery Service Hungr Rolls out Eight Virtual Brands
Hungr, a San Diego-based order management and restaurant-delivery service, is the latest company striding into the virtual restaurant space with its new offering, Hungr Kitchen, which is launching with a stable of eight delivery-only brands aimed at existing...
Instacart Raise Sends Valuation Sky High
Instacart raised another $265 million from investors, sending the grocery delivery company’s valuation to just shy of $39 billion. This represents the fourth raise during the pandemic and doubles the valuation for the second time in the last year. The company raised...
Entrepreneur Builds Model to Support Black-owned Restaurants
Without the investor backing that’s a staple of the delivery ecosystem, Black and Mobile is a fast-growing restaurant delivery provider punching above its weight class following a year where both the pandemic and social unrest put a national focus on elevating...
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.