The shareholders of Just Eat Takeaway.com (Just Eat) have formally approved the monster acquisition of Grubhub that would deliver the company a U.S. foothold. The shareholder vote approved much of the $6.9 billion proposal. Grubhub’s founder and CEO Matt Maloney will...
With the fresh idea of creating a delivery marketplace exclusively for independent pizzerias, Slice has attracted more than $80 million from investors who see the massive potential of helping small pizza restaurants compete with the Domino’s and Papa John’s of the...
If online banking now has a social media function to see which of your friends are sending money to each other, why shouldn’t meal ordering join the party? That’s the basic concept at Snackpass, a three-year-old app designed by Yale students that helps fellow students...
In yet another big consolidation for the global food delivery industry, Delivery Hero is set to acquire Latin- and South-American delivery network Glovo for about $268 million. The deal would mark the second large delivery acquisition by the German-based delivery firm...
Ridesharing and food-delivery giant Uber had a rough quarter as ridesharing was essentially hollowed out, but food delivery served as a bright spot in the company’s second-quarter results. Uber depends on travel and commuting, and looking around the COVID-era world,...
Amazon’s major investment in the U.K. delivery firm Deliveroo has been approved by regulators. As CNBC reported, it was an unusually contentious look at the deal by country regulators that underscored the caution they were taking around this massive shift in the...
