Between 2016 and 2020, the number of people who ordered food online in China doubled to 400 million. The boom was in part thanks to the generous subsidies shelled out […]
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Back to news homeStartups are evolving to manage growth alongside profitability
Amit Anand Contributor Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. More posts by […]
Calii bags $22.5M to build Latin America’s grocery shopping future
Grocery delivery startup Calii is carving out a piece of Latin America’s $1 trillion groceries and food delivery market with its approach to cut inefficiencies in the food supply chain […]
Instacart doubles down on its ready-made meals offering with new hub and faster delivery
Instacart is introducing a new “Ready Meals” hub to make it easier for users to discover and order ready-made meals from grocery stores on its app. The on-demand grocery delivery […]
Why Delivery Hero is acquiring a majority stake in Spanish delivery company Glovo
Germany’s Delivery Hero is set to become Glovo’s majority shareholder following a deal to acquire an additional 39.4% stake of the Spanish delivery startup, of which it already held 44%. […]
Former head of Facebook app Fidji Simo defends company following whistleblower testimony
The former head of the Facebook app, who reported directly to CEO Mark Zuckerberg, Fidji Simo, defended the social network at the start of an interview at the WSJ Tech […]
GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the grocery supply chain
When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a […]
Grocery delivery startup Membo is hungry to build a Europe-wide, local food producer network
Estonia-based Membo — which is backed by Y Combinator and will be presenting at the incubator’s Summer 2021 Demo Day next week — is aiming to take a slice of […]
Bird shows improving scooter economics, long march to profitability
Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model, and a multi-year path to profitability. However, that path is fraught […]
YC-backed Tablevibe’s customer surveys help restaurants reduce their reliance on delivery apps
Food delivery apps offer convenience for customers, but a host of headaches for restaurants, like commissions as high as 40% and very few tools to build customer loyalty. Based in […]