Meal kit company HelloFresh is now in the last-mile delivery business. The company announced Tuesday (Nov. 14) that its company-managed fleet is now operating in 19 major metropolitan areas. “Operating its own fleet of nearly 500 vans allows HelloFresh to reduce transit times and leads to a better end-to-end...
With consumers looking for lower-cost options to replace restaurant delivery and pickup without compromising on speed or convenience, Kroger is expanding its meal solutions business. The grocery giant’s meals business Home Chef announced Wednesday (Oct. 4) the launch of a heat-and-eat meal delivery service, Tempo,...
As competition for consumers’ meal delivery spend heats up across businesses ranging from direct-to-consumer (D2C) sites and major food brands to restaurants and aggregators, Wonder is now set to acquire Blue Apron. The meal kit company announced Friday (Sept. 29) that it has entered into...
Grubhub is seeing its orders plummet as rising restaurant prices prompt diners to seek less expensive food options. In its latest earnings report released on Wednesday (July 26), multinational food delivery giant Just Eat Takeaway shared that saw orders in its North American (which includes subsidiaries Grubhub...
December 06, 2022
Venture capital funding has dwindled significantly following a banner year in the tech investment space. According to Thomas Cuvelier, partner at Paris-based venture investment firm Alven, the bulk of the blame lies with rising interest rates which have impacted not only later stage VC investing but early-stage as well. This has led to a strategic pivot from […]
April 30, 2018
The meal kit delivery industry is all about pre-packed sameness wrapped around a subscription model, with convenience as a key lure. But so are famous chef-inspired recipes, and all of...
January 09, 2018
Burp. That’s the sound of VC backing slowly away from the table of meal kits, heaped and groaning under the weight of dozens and dozens of players. Here’s why plenty...
January 02, 2024
DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the same outside of restaurants,” CEO Tony Xu said in an interview with the Financial Times (FT) published Monday (Jan. 1). The FT notes that DoorDash has […]
June 09, 2023
Meal kit provider Blue Apron shares jumped Friday (June 9) on news of its shift to an asset-light model. The shares jumped as much as 71% in early morning trading, Seeking Alpha reported Friday....
June 02, 2020
American Express is encouraging its cardholders to order food on Deliveroo, and every time they do, the global finance services company will deliver a meal to a woman in need in New...
February 02, 2020
Property builders are constructing kitchens in empty malls to help fill food-delivery orders, a new strategy to service the flourishing business segment of driving restaurant meals to people’s homes, the...
