UAE’s talabat acquires instashop from Delivery Hero for $32M.
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Week 10/3/2024

🍕 Food Delivery
Deliveroo creates ‘Dip & Dine’ inflatable range to treat yourself to a takeaway in the tub. Move over pineapple on pizza. There’s a bigger, better, ‘bubblier’ debate in town because Deliveroo is launching a new accessory for the ‘eating in the bath brigade’. Deliveroo’s new ‘Dip & Dine’ inflatable range is the world’s first inflatable in-bath dining solution – specially created for Brits who want to chow down on their favourite takeaway whilst they relax in a bubble bath (Verge).
Just Eat merger with formerly owned iFood likely in takeover overhaul. Just Eat Takeaway.com NV €4.1 billion takeover is set to pave the way for a merger with its formerly part-owned Brazil-focused iFood among sweeping changes, analysts say (Proactive Investors).
How Uber Eats made 1 billion UK deliveries in 10 years. Uber Eats has reached the “extraordinary milestone” of having made one billion UK deliveries, in less than a decade since its launch (Grocery Gazette).
UAE’s talabat acquires instashop from Delivery Hero for $32M. Transaction brings talabat’s pro forma grocery and retail gross market value to more than $2.5 billion (The National News).
Fast-delivery companies Zomato, Swiggy, Zepto face India antitrust case over discounts. Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting practices, legal papers show (Reuters).
UK food delivery firm Deliveroo to exit Hong Kong. British meal delivery company Deliveroo, opens new tab said on Monday that it will exit its Hong Kong operations by selling some assets to Delivery Hero’s, opens new tab foodpanda for an undisclosed amount, and by closing other assets (Reuters).
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Deliveroo creates ‘Dip & Dine’ inflatable range to treat yourself to a takeaway in the tub.
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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.
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