Uber Eats adds social flavor with a new Lists feature for food recommendations

 

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Week 28/10/2024

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Zomato users can now schedule order 2 days in advance. Zomato’s order scheduling is available at more than 35,000 restaurants across 30 cities (The Hindu).

Swiggy launches feature to let people living abroad order food for loved ones in India. Payments can be made using international credit cards or available UPI options (Deccan Herald).

A summary of restaurant delivery strategies. Our analysis highlights some key trends shaping the global restaurant delivery industry (The Delivery World).

DoorDash ft. Tony Xu – The “Wrong” Moves That Built a Giant. DoorDash faced skeptics from Day 1. Grubhub, Delivery.com, and others were already addressing the restaurant delivery market when CEO Tony Xu and his co-founders started in 2013 (Sequoia).

Zomato Q2 Results: Net profit jumps 389% YoY, board approves fund raising up to ₹8,500 crore via QIP. However, net profit decreased by 30.43% from Q1FY25 due to a cash balance drop after acquiring Paytm’s ticketing business (mint).

Swiggy introduces ‘Seal’ badge for food quality standards among restaurant partners. The initiative, which is currently live in Pune, will be gradually scaled up during November to cover over 650 cities across India (Deccan Herald).

Uber Eats will be expanding into 12 new locations across the country, focusing on regional towns. From next month, its food delivery will be available in smaller towns like Taupo, Levin, Whakatane, Timaru and Wanaka (NZcity).

Swiggy cuts valuation target for IPO to $12.5 billion-13.5 billion, sources say. Indian food delivery giant Swiggy opens new tab is internally aiming for a company valuation of $12.5 billion-13.5 billion for its upcoming IPO, cutting its target by 10-16% due to market volatility, two people with direct knowledge said on Thursday (Reuters).

Customers report lack of identification of PedidosYa delivery drivers. Customers of the PedidosYa home delivery platform have expressed their concern because delivery drivers arrive at their homes on motorcycles without carrying visible identification, which has generated concern and distrust among users (El munícipe).

Ixigo Enters Train Food Delivery With Acquisition of Zoop. Ixigo’s acquisition of train food delivery service Zoop comes soon after the company’s successful IPO (Skift).

Food Delivery Giants Swiggy, Zomato Hike Platform Fee to ₹10. Swiggy increased its platform fee on restaurant orders from ₹7 to ₹10 on October 24, following Zomato’s similar hike a day earlier, termed a “festive season platform fee.” (India Infoline)

Food Delivery Service Fast Growing Global Market |Grubhub, Deliveroo, Foodora, Delivery. Food Delivery Services have transformed the culinary landscape, offering consumers the convenience of enjoying their favorite meals without leaving the comfort of their homes (OpenPR).

The true cost of convenience: are food delivery apps worth it? They may be convenient but there is a high price to pay for getting that lamb biryani delivered to your door (Business Post).

Food Delivery Platform Swiggy Likely To Launch Its IPO On November 6 Swiggy’s IPO, set for early November, aims to raise approximately ₹11,300 crore, marking India’s second-largest offering this year. Amid market volatility, Swiggy lowered its valuation by 25% (Times Now News).

Swiggy unveils ‘International Logins’ for NRIs from 27 countries. The International Logins feature enables those residing outside India with international numbers to transact on Swiggy Food, Swiggy Instamart, Swiggy Dineout and Swiggy Genie (Business Standard).

Uber Eats adds social flavor with a new Lists feature for food recommendations. Uber Eats is enhancing its food delivery platform with the launch of Lists, a new feature that introduces a social element to ordering takeout (LinkedIn).

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