Amazon’s Deliveroo investment just ran into trouble with UK regulators
5 years, 6 months ago

Amazon’s Deliveroo investment just ran into trouble with UK regulators

CNN  

London CNN Business — UK regulators have ordered Amazon to pause its investment in UK food delivery startup Deliveroo while they consider whether the deal amounts to a takeover. Amazon led a $575 million investment in the startup in May, and has since signaled that the company could become a key part of its food delivery ambitions. “We believe this minority investment will enable Deliveroo to expand its services, benefiting consumers through increased choice and creating new jobs as more restaurants gain access to the service,” Amazon said. Food and groceries have been a growing focus for Amazon since its $13.7 billion purchase ofgrocery chain Whole Foods in 2017.

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History of this topic

Deliveroo hails ‘healthy’ UK growth as orders rise
2 months, 3 weeks ago

Deliveroo hails ‘healthy’ UK growth as orders rise

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Deliveroo has revealed a rise …

DoorDash, Uber Eats and Grubhub all go down causing takeout panic across the US
1 year, 4 months ago

DoorDash, Uber Eats and Grubhub all go down causing takeout panic across the US

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The popular food delivery …

Just Eat's British customers make 58 million more orders
3 years, 4 months ago

Just Eat's British customers make 58 million more orders

Daily Mail  

UK customers made 58 million more orders on Just Eat in the first half of the year after the group struck new partnerships with multiple prominent brands, including Starbucks and Costa Coffee. Its orders jumped by 76 per cent to 135 million in the UK as more consumers were encouraged to order their meals online due to harsh lockdown restrictions …

Deliveroo's £8bn float has to make the tricky economics of food delivery add up
3 years, 10 months ago

Deliveroo's £8bn float has to make the tricky economics of food delivery add up

The Telegraph  

At the end of last year, the US food delivery app DoorDash joined the ranks of the New York Stock Exchange, pulling off one of the biggest tech floats of 2020. DoorDash had never made a profit, even with demand for food delivery at record levels during the pandemic, and as restaurants struggled, there was a growing criticism of the …

Amazon India Expands Amazon Food Delivery Service Across 62 Key Locations in Bengaluru
3 years, 10 months ago

Amazon India Expands Amazon Food Delivery Service Across 62 Key Locations in Bengaluru

News 18  

Amazon India has announced the expansion of Amazon Food, its food delivery service across Bengaluru. Amazon Food is now available across 62 pin codes, covering key localities such as Whitefield, HSR, Sarjapur, Koramangala, Indiranagar, MG Road, Jayanagar, JP Nagar, Frazer Town, Malleshwaram, Rajajinagar, Vijayanagar and many more. Users can also search ‘Amazon Food’ or by selecting ‘Amazon Food’ under ‘Shop …

Amazon took a chunk of Deliveroo. Then things got interesting
3 years, 10 months ago

Amazon took a chunk of Deliveroo. Then things got interesting

Wired  

Getty Images / WIRED In the before times, they would lurk in twos and threes outside restaurants in city centres, waiting to whisk hot food into teal-coloured isothermal packs stamped with the face of a kangaroo. And if everything goes according to plan, they will give Deliveroo near total dominance of the £9.8 billion takeaway delivery market. Will Shu, who …

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery
4 years, 6 months ago

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery

NPR  

Uber Gobbles Up Postmates In $2.65 Billion Bet On Food Delivery Enlarge this image toggle caption Tomohiro Ohsumi/Getty Images Tomohiro Ohsumi/Getty Images Uber is buying the delivery app Postmates, bolstering its food-delivery business at a time when few people are hailing rides. Sponsor Message In contrast, orders for its Uber Eats food delivery service doubled during the same three-month period. …

Aldi is now available on Deliveroo in some parts of the UK
4 years, 6 months ago

Aldi is now available on Deliveroo in some parts of the UK

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Just Eat swallows Grubhub creating restaurant delivery giant
4 years, 6 months ago

Just Eat swallows Grubhub creating restaurant delivery giant

Associated Press  

Two pioneers in restaurant delivery — Just Eat Takeaway.com and Grubhub — are combining in a $7.3 billion deal that will create one of the world’s largest delivery companies. Amsterdam-based Just Eat Takeaway.com said late Wednesday that it was acquiring Chicago-based Grubhub, snatching it away from ride-hailing giant Uber, which had been reportedly seeking to team Grubhub with its Uber …

Amazon begins food delivery in India, Swiggy, Zomato initiate delivery of alcohol
4 years, 7 months ago

Amazon begins food delivery in India, Swiggy, Zomato initiate delivery of alcohol

India Today  

E-commerce giant Amazon will now be extending its service in the food delivery area. The delivery service called Amazon Food has been launched in some pin codes of Bengaluru. “We are launching Amazon Food in select Bangalore pin codes allowing customers to order from handpicked local restaurants and cloud kitchens that pass our high hygiene certification bar. Amazon also delivers …

Home Food Over Takeaway? Online Meal Delivery Firms Knocked Off Course Due to Virus Around the World
4 years, 9 months ago

Home Food Over Takeaway? Online Meal Delivery Firms Knocked Off Course Due to Virus Around the World

News 18  

The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning online meal delivery market. An Uber spokesman said the impact of the virus had varied widely across Europe, but it had seen big increases in restaurants and shops signing up to its app. “New …

Amazon to foray into food delivery business in India, likely to partner with Infosys co-founder Narayana Murthy
4 years, 10 months ago

Amazon to foray into food delivery business in India, likely to partner with Infosys co-founder Narayana Murthy

Firstpost  

The report points out Amazon’s food delivery open for its employees and started pilot testing its service in select parts of Bengaluru. E-commerce major Amazon is expected to foray into the food delivery segment and the US company may partner with Infosys co-founder NR Narayana Murthy for taking the venture pan-India, said news reports. The report points out Amazon’s food …

Delivery giant DoorDash takes step toward public offering
4 years, 10 months ago

Delivery giant DoorDash takes step toward public offering

Associated Press  

NEW YORK — Food delivery giant DoorDash has taken a first formal step toward a stock market debut. DoorDash Inc. has overtaken Grubhub as the top digital food delivery company in the U.S., according to data analytics firm Second Measure, capturing 38% of monthly food delivery sales in January, compared to 31% for Grubhub. Ride-hailing company Uber — another major …

Amazon's bid to buy stake in food delivery firm Deliveroo is in doubt
5 years ago

Amazon's bid to buy stake in food delivery firm Deliveroo is in doubt

Daily Mail  

Amazon's attempts to buy a stake in food delivery firm Deliveroo were thrown into doubt today amid concerns that it raises 'serious competition concerns'. A cyclist working for food delivery platform Deliveroo is pictured in Cardiff in July last year The move also saw the online giant go up against Uber Eats and Just Eat in the global race to …

Amazon India raises food delivery stakes with low restaurant commissions
5 years, 4 months ago

Amazon India raises food delivery stakes with low restaurant commissions

Live Mint  

Bengaluru/New Delhi: Amazon India, which is set to start its food delivery service next month, is promising restaurants its commissions will be a mere fourth of what rivals Swiggy and Zomato charge, a move set to spark a spell of intense competition in the business. “Since Amazon is going the marketplace route for now, it is acquiring the remainder of …

Amazon plans launch of online food delivery service in India: Report
5 years, 5 months ago

Amazon plans launch of online food delivery service in India: Report

Live Mint  

Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware of the development said, in a move that could raise competition in an increasingly crowded market. India's rising middle class has driven the growth of the online food delivery sector, with research firm RedSeer Consulting saying order numbers rose176% in …

Just Eat and Takeaway.com team up to fight Uber and Amazon in Europe
5 years, 5 months ago

Just Eat and Takeaway.com team up to fight Uber and Amazon in Europe

CNN  

London CNN Business — Just Eat and Takeaway.com want to join forces to fight Uber Eats and Amazon in Europe’s crowded food delivery market. Dutch company Takeaway.com said on Monday it had reached a preliminary agreement to merge with London’s Just Eat in an all-share deal that would create a new company, Just Eat Takeaway.com. The combination could give a …

Amazon to shut down US restaurant delivery service
5 years, 6 months ago

Amazon to shut down US restaurant delivery service

Associated Press  

NEW YORK — Amazon said Tuesday that it is closing its U.S. restaurant delivery service, a 4-year-old business that failed to take off amid fierce competition from Uber Eats, DoorDash and others. Amazon Restaurants was a tiny player in the U.S., taking about 2% of the market, according to Jeremy Scott, a food and restaurant analyst at Mizuho. He said …

Deliveroo rivals shudder as it chows down on Amazon investment
5 years, 7 months ago

Deliveroo rivals shudder as it chows down on Amazon investment

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy There’s no more tasty a …

Amazon invests in UK restaurant delivery service Deliveroo
5 years, 7 months ago

Amazon invests in UK restaurant delivery service Deliveroo

CNN  

New York CNN Business — Amazon just made another big move into food, picking up a stake in one of the United Kingdom’s top restaurant delivery services. Amazon already has a presence in the food delivery space with its website’s “restaurant” section and AmazonFresh Grocery, but the investment into Deliveroo will further expand its global reach. The US firm has …

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