U.K.-based food delivery app Deliveroo is not having a terrific first week on the public markets. The Amazon-backed delivery service saw its share price plunge 30 percent on its first day of trading before eking out a small recovery that still left stock priced down...
Spanish delivery and courier platform Glovo raised €450 million ($530 million) in a Series F funding round led by Lugard Road Capital and the Luxor Capital Group. Returning investors also participated in the round, including Delivery Hero, Drake Enterprises and GP Bullhound. Get the Full...
Restaurant aggregator and delivery service DoorDash is suing digital ordering solutions provider Olo for allegedly overcharging the company by millions of dollars over several years, the Financial Times reported on Wednesday (March 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Everli, the Milan-headquartered online grocery program, has raised $100 million in a funding round, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The online pizza delivery platform Slice has unveiled a new service it says will allow mom-and-pop pizzerias to compete in the same arena as national chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Facing caps on commissions from nearly six dozen localities around the country, DoorDash has begun adding new surcharges to its deliveries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Deliveroo, the London-based Amazon-backed food delivery service, announced on Monday morning (March 29) that its shares are now expected to be priced at £3.90 – £4.10, down from the £4.60 that the company had previously announced at the upper end, as CNBC reported. This brings...
Tugboat horns filled the air above the Suez canal on Monday (March 29), as a six-day-long operation to free the 1,300-foot-long cargo ship, the Ever Given, finally saw success. Assisted by high tide, tug boats were able to unwedge the ship and get it pointed...
Ride-hailing giant Uber and prescription delivery firm Nimble have expanded their partnership to launch on-demand delivery services in Chicago, IL, and Atlanta, GA, as announced in a press release on Thursday (March 25). Get the Full Story Complete the form to unlock this article and...
