DoorDash to Acquire Wolt for $8 Billion
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, 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, 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,...
Jokr Finds Less is More in Rapid Grocery, Retail Delivery
Like cicadas, the rapid-delivery grocery category has sprung up so quickly you’ve got to assume it’s been here all along, waiting for the ideal time to emerge from the ground. It’s easy to picture use cases where near-instant grocery delivery makes sense, but Jokr is...
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.