The food delivery space is crowded and growing — and that is leading to calls for mergers or consolidation in the coming decade. It’s not clear who will survive in this space in the coming few years, but patterns are emerging, and food delivery is...
New York City (NYC) officials are calling for a ban on FedEx’s delivery robots. Though FedEx told reports that its SameDay Bots, Roxo, were in NYC simply for a preview party, that didn’t stop NYC Mayor Bill de Blasio from tweeting that FedEx never obtained...
Retailers are taking aim at Amazon’s one-day shipping offer this holiday shopping season in bids to stay competitive, according to a report by The Wall Street Journal. Amazon has spent about $1.5 billion in the fourth quarter of 2019 alone in an attempt to make...
Food delivery services like Grubhub need to charge more for sales tax and aren’t doing so, according to company CEO Matt Maloney. Maloney’s comments appeared in The Wall Street Journal, which reported that more and more delivery services, like Uber Eats, Postmates and DoorDash, are...
Sydney, Australia-based Bolt Bikes is expanding eBike subscriptions to the U.K. and U.S. to serve gig delivery workers, as reported on Monday (Nov. 18). Founded in 2017 by former Deliveroo and Mobike executive Mina Nada and former Bain & Co executive Michael Johnson, the startup...
Barclays has raised its investment opinion of Grubhub, positing that a few key moves could significantly change the future outlook of the company, according to a report by Bloomberg. Shares in Grubhub bounced on the news as Barclays raised its opinion from underweight to overweight....
As it seeks to build its power in the grocery sector, Amazon reportedly is lowering its prices for grocery delivery in Germany, according to a report from Reuters. According to the report, “Amazon said it would cut the monthly membership fee for fresh deliveries in Germany...
The private-equity backed operator of Houlihan’s restaurant chain has filed for bankruptcy protection. York Capital Management and Mike Archer, a former president of Applebee’s and TGI Fridays, bought Houlihan’s in 2015 and now blames the chapter 11 filing on a number of factors, including expensive...
As the world of automotive and freight drives toward a future of connected commerce and even autonomous driving, companies are fighting it out to solve the many problems in that area of the economy, including last-mile delivery. The latest example of the power of those...
