Elior, the corporate catering company, has acquired the French startup Nestor for an undisclosed amount. Nestor, a Paris, France-based food delivery service, started in 2015 with a
Food delivery businesses are looking for survival and profitability in difficult times. The restaurant business has been one of the hardest hit due to the pandemic, and one of the
Ride-hailing giant, Uber Technologies Inc. is in early discussion to acquire Deliveroo for ‘several billion dollars’, reported Bloomberg. Deliveroo is Europe’s largest food d
DoorDash, a startup delivering food from local restaurants is eying a valuation of more than $1 billion. It was started by Tony Xu and his team in 2013 and is based in Stanford, Ca
The Pandemic and rising demand for food delivery services has helped it ride out any big losses due to the Covid-19 that most businesses are facing. DoorDash has posted revenues of
Uber revenue fell by 29% as the ride-sharing company’s gross mobility bookings reduced to 73% year-on-year due to the pandemic.
Yum Brands, the fast-food corporation that owns KFC, Taco Bells, and Pizza Hut has sued Grubhub, the delivery provider, for reneging on a two-year-old agreement on rates. Yum says
In what is being perceived as Walmart’s effort to maintain whatever foothold it has in the e-retail segment, the retailer has announced Walmart one-day delivery to compete with A