Showing posts with label food delivery. Show all posts
Showing posts with label food delivery. Show all posts

2019-03-05

Uber IPO vs Lyft IPO -- The Race to Go Public (video)

Uber IPO vs. Lyft IPO: The Race to Go Public

Uber (uber.com) and Lyft (lyft.com) are both revving up for two of the most anticipated IPOs of 2019. In three rounds, the Wall Street Journal looks at which company will be a better bet for investors. Wall Street Journal (WSJ.com) video above published Feb 21, 2019. See also Lyft IPO filing shows surging revenue, widening losses-reuters.com.

See also SEC filings: Lyft, Inc. and Uber Technologies Inc.

Uber Follows Lyft’s Lead By Filing Draft IPO Paperwork With SEC | crunchbase.com Dec 10, 2018




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2018-03-14

Alibaba $BABA Shores Up Food Delivery Network With Ele.me Takeover

Alibaba Shores Up Food Delivery Network With Ele.me Takeover

Alibaba $BABA seeking to buy out Baidu and other investors in Chinese startup Ele.me to shore up its delivery network. Bloomberg's Lulu Chen reports on "Bloomberg Technology" (Feb 26, 2018).






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2017-10-02

Online Food Delivery: UberEATS, Deliveroo, Delivery Hero, Just Eat, & More

Index Ventures' Mignot Sees Opportunity in Food Delivery

Video above published Sep 25, 2017 by Bloomberg.com: Martin Mignot, Index Ventures (domain: indexventures.com) partner, discusses the meal-delivery startup scene with Bloomberg's Emily Chang on "Bloomberg Technology."
“There’s a global trend towards delivery ... As people use mobile phones more and more for everything in their lives, we’re starting to see a secular change in how people eat.”--Jason Droege, Vice President of UberEverything, the division under which UberEATS operates (source: NYTimes.com infra).
The online food delivery sector is hot--UK's Deliveroo (domain: deliveroo.co.uk to which deliveroo.com redirects) raised $385 million for "food fight"--Reuters.com Sep 24, 2017.

Deliveroo competitors include publicly traded Delivery Hero (domain: deliveryhero.com) and Just Eat (domain: just-eat.co.uk and just-eat.com to which justeat.com redirects), as well Uber Eats (domain: ubereats.com)--UberEats Is the Most Profitable Part of Uber | Eater.com.
UberEats competitors in the U.S.? "We ordered from seven different services — GrubHub, Eat24, Caviar, DoorDash, Postmates, UberEats, and Amazon Prime Now — in the ultimate delivery showdown."--Business Insider.com

One Surprise Standout for Uber: Food Delivery | NYTimes.com"Uber has barreled into the crowded, cutthroat space of food delivery ... The delivery service, available in more than 120 markets globally, sometimes eclipses Uber’s main ride-hailing business in markets like Tokyo; Taipei, Taiwan; and Seoul, South Korea, the company said. The number of trips taken by UberEats drivers grew by more than 24 times between March 2016 and March 2017 ..."

The changing market for food delivery | McKinsey.com"Online food-delivery platforms are expanding choice and convenience, allowing customers to order from a wide array of restaurants with a single tap of their mobile phone." See also Naspers buys half of Rocket's stake in Delivery Hero | Reuters.com Sep 28, 2017.

UberEATS and Deliveroo Twitter feeds:


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2017-06-19

The Global Impact of Amazon's Whole Foods Acquisition (videos)

The Global Impact of Amazon's Whole Foods Acquisition

Video above published Jun 16, 2017: Bloomberg.com's Caroline Hyde takes a look at the global impact of Amazon.com, Inc.'s $13.7 billion purchase of Whole Foods Market Inc. (wholefoodsmarket.com). She speaks with Bloomberg's Emily Chang on "Bloomberg Technology."

NASDAQ: AMZN
What the Amazon Deal Means for Food Delivery Startups

Video above published on Jun 16, 2017: Bob O'Donnell, President of Technalysis Research (technalysisresearch.com), and Bloomberg's Ellen Huet discuss what Amazon.com Inc.'s purchase of Whole Foods Market Inc. means for tech startups. They speak with Bloomberg's Emily Chang on "Bloomberg Technology."

Why the Amazon Deal Is a Seismic Shift in the Industry

Video above published Jun 16, 2017: Scott Mushkin, Wolfe Research (wolferesearch.com) senior retail analyst, discusses Amazon.com's Inc.'s $13.7 billion purchase of Whole Foods Market Inc. He speaks with Bloomberg's Julia Chatterley and Joe Weisenthal on "What'd You Miss?"

Berkowitz Says Amazon Deal Shows Need for Physical Stores

Video above published Jun 16, 2017: Bruce Berkowitz, founder of Fairholme Capital Management, (fairholmefunds.com) comments on Amazon.com Inc.'s $13.7 billion purchase of Whole Foods Market Inc. during an interview with Bloomberg's Erik Schatzker.

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