The hottest food delivery industry news
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Talabat profit soars nearly 4x as groceries drive growth
The strong Q1 performance underscores rising consumer demand for digital convenience and the platform’s ability to diversify beyond restaurant orders
Uber to buy controlling stake in Turkey’s Trendyol GO food delivery business for $700 million.
Uber said it would buy a majority 85% stake in Turkish food and grocery delivery platform Trendyol Go for $700 million, as the ride-hailing giant looks to tap new growth markets amid signs of saturation in its mainstay North American business.
Delivery drivers and couriers for Uber, Didi, and Rappi will have IMSS benefits starting in June.
Attention app delivery drivers and app operators! Starting in June 2025, platform workers like Uber, Didi, Rappi, and others will finally have access to the Mexican Social Security Institute (IMSS) , thanks to the implementation of a reform that seeks to end job insecurity in the digital world.
UK’s Deliveroo gets $3.6 billion buyout proposal from DoorDash.
British meal delivery company Deliveroo, said on Friday, it received a proposal from U.S. peer DoorDash on April 5 to buy all of its shares for 2.7 billion pounds ($3.60 billion)
Delivery Hero increases provisions for riders’ status in Italy.
Glovo’s owner Delivery Hero , opens new tab has increased provisions related to the legal status of its riders in Italy and said in a statement that the increased expenses are reflected in its adjusted earnings for the 2024 financial year
Why Grab Wants to Acquire Indonesia’s GoTo for $7 Billion?
If successful, the deal will create a ride-hailing and delivery giant that would dominate Southeast Asian markets
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