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EU Antitrust Regulators Raid Delivery Hero, Glovo

EU Antitrust Regulators Raid Delivery Hero, Glovo

by Nicholas Upton | Jul 7, 2022 | Finance, News

Germany-based Delivery Hero and Spanish majority-owned subsidiary Glovo are under investigation for potential anti-competitive practices by European Union regulators. The European Commission announced that both companies were the target of “unannounced inspections”...
Serve Robotics Raises $13M After Uber Spinoff

Serve Robotics Raises $13M After Uber Spinoff

by Nicholas Upton | Dec 15, 2021 | Automation, Top Stories

Serve Robotics just raised $13 million in a seed extension round to grow its sidewalk delivery bot operations in new markets and with new partners. The company was built inside Postmates under the company’s Postmates X division that explored cutting-edge...
DoorDash to Acquire Wolt for $8 Billion

DoorDash to Acquire Wolt for $8 Billion

by Arthur Robert | Nov 18, 2021 | Finance, News, Third-Party Delivery, Top Stories

Consolidation continues in the delivery sector. DoorDash announced it has agreed to acquire Wolt (pronounced “volt”), a Helsinki-based delivery firm in an all-stock transaction that values the company at approximately $8.1 billion. If the proposed merger goes through,...
Gorillas Raises “Close to” $1 Billion, Led by Delivery Hero

Gorillas Raises “Close to” $1 Billion, Led by Delivery Hero

by Arthur Robert | Oct 21, 2021 | Finance, News, Third-Party Delivery, Top Stories

Gorillas, the German delivery startup promising groceries in ten minutes or less, announced it closed its Series C funding round on Tuesday. The company raised “close to” $1 billion at a valuation of $2.1 billion. The news comes just seven months after the company...
Delivery Hero Begins Sustainable Packaging Initiative

Delivery Hero Begins Sustainable Packaging Initiative

by Tom Kaiser | Jul 29, 2021 | Briefs, News, Third-Party Delivery

Delivery Hero, the German-based local delivery platform, has partnered with sustainable packaging manufacturer Eco-Products to provide restaurants with Earth-friendly packaging to reduce plastic waste and carbon emissions. The pilot program is debuting in Austria,...
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