Uber rival Bolt’s annual revenue hits 2 billion euros

🍕 Food Delivery

DoorDash Introduces New Features To Make Holiday Shopping Easier, Faster, and More Affordable. DoorDash is ramping up its holiday efforts to make shopping easier, faster, and more affordable (RetailWire).

FTC must reject Uber Eats merger. An article written by Uber Eats Taiwan general manager Chai Lee (李佳穎) published in the Liberty Times (sister paper of the Taipei Times) on Tuesday said that Uber Eats promises to engage in negotiations to create a “win-win” situation (Taipei Times).

DoorDash will let you import your grocery list from Apple’s Reminders app. DoorDash is making it a bit easier to use the app for holiday shopping (The Verge).

Uber rival Bolt’s annual revenue hits 2 billion euros. Estonian ride-hailing and food delivery startup Bolt said on Thursday it had hit 2 billion euros ($2.11 billion) in annual revenue, as the European rival of U.S.-based Uber opens new tab grows its global presence and prepares to go public (Reuters).

Bolt Food expands to Kumasi, bringing popular restaurants to Ghana’s second largest city. Bolt Food, leading food delivery service, is expanding its presence in Ghana by launching its services in Kumasi (GhanaWeb).

Red Bull MOBILE in Saudi partners with Jahez Group to redefine customer convenience. This collaboration introduces an innovative SIM card delivery service (Zawya).

Focus on retail media as Glovo and Mars expand global partnership across Europe, Central Asia, Africa. Glovo, a multi-category delivery app, and Mars, the snacking, food and pet care big hitter, have announced the expansion of their global partnership focusing on retail media strategies across more than five markets, including key countries like Spain, Italy and Poland (Retail tech innovation hub).

Deliveroo calls on government to protect delivery riders in new campaign. Deliveroo has launched a campaign calling on the government to include better protections for delivery riders in its upcoming Crime and Policing Bill (Grocery Gazette).

Rappi anticipates 50% growth in orders during Black Friday 2024. Rappi projects a 50% increase in orders during Black Friday, with discounts on technology, home, travel and more from November 22 to 30 (Revista C-level).

PedidosYa Plus arrived in Paraguay with unlimited free shipping. The leading quick-commerce company, in partnership with Banco Itaú, presented PedidosYa Plus, a unique service to enjoy multiple benefits: unlimited free delivery, access to exclusive promotions in participating restaurants (La nacion).

Delivery Hero Seeks Up to $1.5 Billion From Talabat’s Dubai IPO. Delivery Hero SE is seeking to raise as much as $1.5 billion from the initial public offering of its Middle Eastern unit in a deal that will rank as one of the region’s biggest of the year (Yahoo Finance).

Walmart slashes US delivery costs by 40% per order. Increased automation and more efficient driver routes helped the retail giant accomplish the feat for the third consecutive quarter (Supply Chain Dive).

Italian food delivery app Foodinho eats another privacy fine. Not for the first time, food delivery firm Foodinho has been spanked by Italy’s privacy watchdog (Techcrunch).

Wonder Acquires Grubhub for $650 Million in Bold Bid to Reshape the Restaurant Food Delivery Landscape. Wonder, a relatively new entrant in the food delivery space, has made a bold move by acquiring Grubhub, a long-standing and established player in the industry (Restaurant Technology News).