MARKET REPORT: Deliveroo soars as talk of US takeover heats up

🍕 Food Delivery

MARKET REPORT: Deliveroo soars as talk of US takeover heats up. Deliveroo shares were in demand yesterday as the takeover of arch-rival Just Eat Takeaway sparked speculation about more deals in the sector (Thisismoney).

Deliveroo launches the ‘Collecteroo’ initiative in collaboration with UAE Food Bank. Deliveroo UAE has collaborated with the UAE Food Bank to launch ‘Collecteroo’, a first of its kind initiative designed to enhance food security and reduce food waste across the UAE. The ‘Collecteroo’ initiative will see a dedicated van collect surplus food from supermarkets, trading companies, hotels, and restaurants (Zawya).

Santiago court confirms fines to delivery company for labor violations. The Santiago Court of Appeals confirmed the ruling that set the total amount of fines to be paid by the company PedidosYa Chile SpA (Delivery Hero E-Commerce Chile SpA) for violating the Labor Code at 70 UTM (Poder Judicial).

Uber Eats vs. DoorDash: Inside the legal battle between ‘two titans’ of delivery. Uber Eats wants a more level playing field for first-party delivery contracts, and accuses DoorDash of intimidating partner restaurants that want to team with multiple aggregators (Restaurant Dive).

How Uber Eats is Prioritising Sustainable Food Delivery. Uber Eats has launched a Green Packaging Badge and expanded electric motorcycle deliveries in London, making food delivery more eco-friendly (EV Magazine).