Delivery

Just Eat Takeaway.com Sells Grubhub To Wonder

Just Eat Takeaway.com has announced it will sell Grubhub to Wonder for an enterprise value of $650 million (€612 million).

Amazon Developing Driver Eyeglasses To Shave Seconds Off Deliveries, Sources Say

Amazon is developing smart eyeglasses for its delivery drivers to guide them to, around and within buildings, as it tries to smooth the final stretch of an...

Deliveroo Reports First-Half Profit And Positive Cash Flow

British meal delivery company Deliveroo said it had achieved the twin milestones of profit and free cash flow in the six months to end-June as demand from...

Instacart Forecasts Q3 Above Estimates On Higher Fees And Orders

Instacart projected its third-quarter gross transaction value and core profit above analysts' estimates, betting on higher transaction and advertisement fe...

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Higher Shipping Rates Feeding Through To Higher Manufacturing Costs

Higher shipping rates, resulting from attacks on ships in the Red Sea, as well as low water levels in the Panama Canal, are having a knock-on effect on man...

DoorDash Projects Upbeat Q3 Core Profit On Resilient Online Ordering

Online delivery firm DoorDash forecast third-quarter core profit above expectations and surpassed revenue estimates for the June quarter.

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Wolt CEO Miki Kuusi On How To Thrive In The Competitive World Of Online Grocery

ESM editor Stephen Wynne-Jones sat down with Wolt CEO, Miki Kuusi, to discuss the evolution of the DoorDash-owned operator's retail business.

DoorDash's Rising Labour Costs Weigh On Q1 Profit Outlook

DoorDash has forecast a quarterly profitability metric below Wall Street expectations, hurt by higher labour costs that overshadowed a surge in delivery or...