The q-commerce belt tightening continues: US category veteran GoPuff, the Softbank-backed delivery platform juggernaut — which was being valued at $15BN as recently as 2020, and had been rumored to […]
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Back to news homeDelivery Hero and Glovo targeted for EU antitrust inspection
Delivery Hero and Glovo have been targeted for antitrust inspections in the European Union. The European Commission announced today that it has carried out unannounced inspections of a number of […]
Is consolidation on the horizon for Southeast Asia’s tech industry?
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 […]
Indonesia’s Astro raises $60M to work on 15-minute grocery delivery
Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 […]
Deliveroo fined in France after court rules it abused riders’ rights
U.K. food delivery gig platform Deliveroo has lost a court challenge in France over the “freelancer” status of riders. Reuters reports that the company has been fined the maximum penalty […]
New regulation in China to hit food delivery giants’ profit model
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 […]
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%. […]
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 […]
Deliveroo could leave Spanish market ahead of on-demand labor reclassification
Deliveroo announced today that it is considering leaving the Spanish market, citing limited market share and a long road of investment with “highly uncertain long-term potential returns” on the horizon. […]
Lollipop AI launches online grocery marketplace where you can build your own recipes
As I’ve taken to online grocery shopping over the pandemic, I’ve always wondered why supermarkets didn’t offer simple ‘recipe’ features that would have automatically collected items for a homemade meal. […]