Tag: Online Food Delivery
Food delivery app DoorDash eyes IPO in the US
US-based food delivery giant DoorDash is preparing for an Initial Public Offering (IPO) as consumers move to app-based solutions for their day-to-day requirements.
In its...
India’s Zomato raises $195mn from global investors ahead of IPO
According to a regulatory filing, Zomato, the leading food delivery company based out of India, raised $195 million from global six investors.
"Zomato Pvt Ltd...
MasterCard to help Delivery Hero digitize its payment system
Multinational online food-delivery service, Delivery Hero, has chosen MasterCard to digitize its payment system across all brands in the MENA region.
The project is spread...
InstaShop acquired by Delivery Hero in a $360 million deal
Dubai based InstaShop, the delivery platform with over 500,000 users in five markets have been acquired by Delivery Hero, a Germany based restaurant delivery...
Uber rides hammered by the pandemic; food delivery business doubles
In the second quarter, the homebound customers more than doubled their orders from Uber’s food-delivery service while demand for its ride-hailing services witnessed only...
Uber acquires Postmates: Strengthens its foothold in the food delivery segment
US-based ride-hailing multinational Uber acquired American food delivery service Postmates in an all-stock transaction of $2.65 billion. The firm plans to run its own...
Saudi food delivery service Jahez gets $36 million in Series A...
Riyadh-based food delivery service Jahez has fetched $36.5 million in a Series A round led by Saudi VC Impact46. The deal is termed as...
Uber interested in buying GrubHub; Eyes consolidation in US market
Leading food delivery service, Uber has made an offer to acquire Grubhub. The deal could consolidate two of the largest food-delivery apps in the...
