Uber to buy alcohol delivery giant Drizly for $1.1bn
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Uber is set to acquire on-demand alcohol delivery giant Drizly in a deal worth over a billion as it seeks to cash in on the home-delivery boom.
Drizly, which delivers…
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Just Eat Takeaway to create thousands of jobs and invest “tens of millions” in UK after record results
Just Eat Takeaway is set to create thousands of jobs in the UK following a record jump in revenues during lockdown.
Just Eat Takeaway, which became the world’s largest food…
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Uber Eats to acquire rival Postmates for $2.65 billion
Uber has agreed to acquire rival delivery firm Postmates for $2.65 billion just weeks after its planned takeover of Grubhub fell through.
Postmates, one of the first companies to roll…
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Amazon Deliveroo tie-up delayed by 2 months by CMA as rivals slam decision
Amazon’s tie-up with Deliveroo has been delayed by two months after the Competition and Markets Authority (CMA) said it needs more time “to take full account of representations received”.
The…
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Grubhub acquired by Just Eat Takeaway for £5.76bn creating world’s largest food delivery company outside China
Just Eat Takeaway is set to acquire food delivery rival Grubhub for $7.3 billion (£5.76) making it the world’s largest food delivery company outside of China.
Just weeks after Just…
Read MoreGrubhub shares skyrocket as Uber Eats deal could be usurped by Just Eat
Grubhub has seen its share prices skyrocket after reports emerged that Just Eat and Delivery Hero are both interested in exploring a takeover deal. Uber Eats last month reportedly tabled…
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Coronavirus and consolidation: How the online delivery market has transformed during the pandemic
Online food delivery has, almost overnight, become one of the most important and potentially lucrative arms of the retail and restaurant industry.
Once disruptive start-ups like Deliveroo, Just Eat and…
Read MoreUber Eats makes takeover bid for Grubhub to become largest meal delivery player
Uber has reportedly made a takeover bid for rival firm Grubhub in a deal which would make it the largest food delivery company in the US.
Uber Eats and Grubhub,…
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Amazon scraps US restaurant delivery business
Amazon is set to cancel its restaurant delivery service in the US later this month, just weeks after making a significant investment in delivery giant Deliveroo in the UK.
Yesterday,…
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The pandemic has forced shoppers to dramatically alter their behaviour. In no sector is this more obvious than in food shopping.
Grocers have experienced huge demand for online shopping in…