The hottest food delivery industry news

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.

Prosus to acquire Just Eat Takeaway.com for €4.1bn. Prosus and Just Eat Takeaway.com agree on a recommended all-cash offer for all issued and outstanding shares of Just Eat Takeaway.com (Prosus).

Swiggy Instamart sells 581 chocolates, 324 roses per minutes on Valentine’s Day: ‘Bull run’. According to data shared by Swiggy co-founder Phani Kishan, the platform processed orders at a staggering rate during peak hours—581 chocolates and 324 roses per minute. Drawing a comparison with the stock market, Kishan described the surge as a ‘bull run’ for love (Moneycontrol).

Zepto world’s second most downloaded app in food and drink category. Zepto, the Indian quick commerce startup, last year became the world’s second most downloaded mobile app on mobiles in the foods and drinks category, according to data Sensor Tower released recently.

Meituan launches lifestyle and food app Yami. The app’s slogan is “Let’s find great restaurants together”, emphasising Meituan’s ambition to build a foodie community.

Just Eat Takeaway.com confirms that it will proceed with its intention to cease operations in France following a consultation period which was first announced in July 2024 and recently completed