Saturday, July 2, 2022 | 04:24 pm
Tags Food Delivery

Tag: Food Delivery

New Regulation in China to Hit Food Delivery Giants’ Profit Model

The news sent Meituan’s stock down more than 15% on Friday, erasing over $25 billion in market value. Alibaba, which operates Meituan’s archrival Ele.me, saw its shares slide about 4%.

Deliveroo’s Latest Funding Round Values Firm at Over $7 Billion

The investment comes as the Amazon.com Inc.-backed firm eyes a potential listing this year, which is expected in or around April.

Uber and DoorDash Are Hiking Food Delivery and Rideshare Prices for Californians to Pay for New Driver Benefits

Uber and DoorDash are raising prices for customers in California in order to pay for new benefits guaranteed to rideshare drivers and food delivery couriers under a new statewide law that's set to go into effect this week.

HungryPanda Raises $70m for a Food Delivery App Aimed at Overseas Chinese Consumers

HungryPanda, which makes a Mandarin-language app particularly concentrating on Chinese consumers exterior of China, has raised $70 million to proceed with its international enlargement in delivering food from Chinese eating places and Asian grocery shops concentrating on the Chinese diaspora.

Restaurant Search Engine FoodBoss Adds Support for Direct Delivery From Restaurants

FoodBoss aims to be the place where you can search across different services and apps to find the lowest prices and fastest delivery times.

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