Delivery and pickup company Postmates has added a free group delivery option, according to reports. The service is called Postmates Party, and it lets customers have meals delivered as part of a group. The food is still delivered separately, but it goes out all...
Grubhub shares took a beating in the stock market yesterday, falling by 8 percent as a report from KeyBanc Capital Markets said the food delivery service is struggling in its high competition environment and failing to keep pace with players like UberEats and DoorDash. “Diner retention,...
The eCommerce giant Amazon has announced the launch of Amazon Day for Business, a new delivery service that enables members to choose a recurring day of the week as their delivery day. In a blog post, the Seattle, Washington online retailer said the service is...
Chinese courier STO Express has sold a stake to Alibaba, China’s largest eCommerce player. According to a report in Reuters, Alibaba is paying $693 million for a 14 percent stake in STO, marking the fourth time Alibaba has made a big investment in a China-based...
Imagine getting paid to go home. (Really, take a moment and do so. Feels nice, right?) Now, imagine not only getting paid to go home, but doing so in a way that pleases one’s employer, neighbor, girlfriend’s boss or the person on the other end...
In India, food delivery done via app is perhaps leading to a shakeout in a build vs. buy debate that near term may settle on “buy.” First thing first, and that’s the size of the pie. The overall food delivery market may be worth as...
Uber Eats, the food delivery business of Uber, is gearing up to sell its Indian operations to Swiggy, a rival food delivery company in the country. According to a report in The Economic Times citing three people privy to the development, the transaction is expected to close...
It was easy for restaurants to get lured into a false sense of security as they watched during the early days of the great digital shift in retail. “Restaurants aren’t Amazon-able,” Olo CEO Noah Glass told Karen Webster, according to the prevailing opinion. Food, particularly prepared food,...
Travis Kalanick, the Uber co-founder, is busy with his next venture, reportedly working behind the scenes to create a network of food delivery kitchens around the world. According to a report in The Financial Times, the new venture is called CloudKitchens. Kalanick is recruiting some of...
