App-based Delivery
DoorDash sues New York over customer data law, second lawsuit in week
DoorDash Inc sued New York City over a new law requiring food delivery companies to share customer data with restaurants, saying it violates customer privacy and lets restaurants c...
Russia’s Yandex restructures JV ownership with Uber in $1 billion deal
Yandex has said it would buy Uber’s stakes in their joint FoodTech, delivery and self-driving businesses, and increase its stake in a mobility-focused joint venture as part o...
New York City approves licenses, commission caps for food-delivery apps
The New York City Council has approved legislation to license food-delivery apps including Grubhub, DoorDash and Uber Eats and to permanently cap commissions they can charge restau...
Takeaway.com posts operating loss of $224 million, sees improvement in second half
App-based delivery giant Just Eat Takeaway.com has reported a better-than-expected operating loss of 190 million euros (approximately $224 million) for the first half of 2021.
DoorDash revenue beats as food delivery demand booms
DoorDash Inc beat quarterly revenue estimates, as the pandemic-era surge in food delivery stayed strong even after easing curbs and growing vaccination rates encouraged people to d...
Germany’s Delivery Hero takes 5.1% stake in rival Deliveroo
Germany’s Delivery Hero has taken a 5.09% stake in online food delivery rival Deliveroo, driving the British company’s share price to its highest since listing on the s...
Uber posts $509 million adjusted loss on driver incentives even as trips rise
Uber Technologies Inc reported widening losses as it spent more to entice drivers to return to its platform, sending shares of the ride-hail and food delivery company down in after...
Delivery Hero goes back to its roots with Berlin re-launch
Delivery Hero, the food delivery company that spans over 50 countries, is relaunching operations in its home city of Berlin as a first step towards winning back the German market i...