Food Delivery

Delivery Hero Expects Food Delivery Business Breakeven In Second Half Of 2022

Germany's Delivery Hero SE expects its food delivery business to break even during the second half of 2022, as demand soars with more people eating in sinc...

Just Eat Strikes British Grocery Deal With Asda

Just Eat Takeaway.com has announced that it has struck a deal with supermarket group Asda to sell groceries through its delivery platform.

Germany's Flink Raises $750m In Financing Round

Grocery delivery start-up Flink has raised $750 million in an additional funding round, giving the German company the funds to further expand and cash in o...

New 'Dark Store' Operator Hoogloo Launched In Portugal

Portuguese start-up Hoogloo is the latest player in the 'dark store' delivery business, promising warehouse-to-home deliveries in less than one hour. Fo...

Just Eat Takeaway.com Sees Revenue Up 52% In First Half

Just Eat Takeaway.com has reported a 52% increase in first-half revenue, however it posted an EBITDA loss of €190 million for the period, reflecting '...

Deliveroo CEO Views Delivery Hero Stake As A 'Financial Investment'

The chief executive of food delivery platform Deliveroo said he had not had any talks with his counterpart at Delivery Hero since the German company took a...

Indian Food Delivery Firm Zomato Sees Losses Rise In Q1

India's Zomato Ltd saw its losses increase in the quarter to the end of June, in its first results update since its listing last month. The food deliver...

Germany's Delivery Hero Takes Stake In UK Rival Deliveroo

Germany's Delivery Hero has taken a 5.09% stake in online food delivery rival Deliveroo, which has driven the UK-based company's share price to its highest...