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 a 39.4 percent stake in the company, on top of the 44 percent it already had. Niklas Östberg, founder and CEO of Delivery Hero, said the deal is the next step in a long relationship. “The Delivery Hero team has admired and supported Glovo for many years. They have been frontrunners […]
Meal delivery company SkipTheDishes announced Skip Express Lane, a grocery delivery service using dark stores to offer more than 1,500 grocery and everyday items in less than half an hour.
How a smart idea gets initial traction is one of the most important moments in any business. It’s a confusing, inventive, fascinating period, and one Andrew Chen spends a lot of time thinking about. Chen is a partner at the exceptionally busy and successful investment firm Andreessen Horowitz, a.k.a. a16z. He just wrote a book on the topic titled The Cold Start Problem, which lays out how startups have cracked that code. He’s been out on the podcast and webinar circuit talking through the highlights of the book, and during […]
TikTok is partnering with Robert Earl’s Virtual Dining Concepts to build TikTok Kitchen, a virtual restaurant brand dedicated to serving #foodtok’s favorite dishes.
New research shows 50 percent of U.S. customers have now ordered from a meal delivery service, up from 44 percent a year ago.
White Rhino, a Beijing-based autonomous delivery vehicle manufacturer, has raised nearly $8 million through a recent Series A funding round.
GM showed off its BrightDrop delivery EVs at this year’s Consumer Electronics Show, and announced big orders from FedEx and Walmart.
As the food delivery business accelerated, so too did interest in autonomous deliveries. here’s a look at some of the the self-driving delivery tests that occurred in 2021.
