Uber will start testing Eats drone delivery

Uber is gearing up to start testing drone delivery for Uber Eats . This comes after the Federal Aviation Administration awarded Uber and San Diego the right to test commercial food delivery via drone. Uber completed the initial phase of testing at San Diego State University in partnership with McDonald’s. Later this year, Uber plans […]

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Uber eats Uber Eats, embedding it in the main app

Uber’s best hope to beat all its ride sharing and food delivery competitors is that it does both. Through cross-promotion, it can combine activities people might only do a few times per week or month into a product they open daily. Uber CEO Dara Khosrowshahi said cryptically on the company’s first earnings call last month […]

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India’s ride-hailing giant Ola hits the brakes on food delivery business Foodpanda

India’s ride-hailing giant Ola, which has expanded to select international markets and set ambitious goals for its electric vehicles business, is struggling with selling food. Ola has suspended local operations of Foodpanda, the Indian business of the food delivery startup it acquired in late 2017, according to local newspaper Mint. The move comes as the mobility firm […]

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Amazon leads $575M investment in Deliveroo

Amazon is taking a slice of Europe’s food delivery market after the U.S. e-commerce giant led a $575 million investment in Deliveroo . First reported by Sky yesterday, the Series G round was confirmed in an early UK morning announcement from Deliveroo, which confirmed that existing backers including T. Rowe Price, Fidelity Management and Research […]

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Tiger Global returns with a $3M investment to help restaurants deal with delivery apps

Tiger Global has returned to backing early-stage Indian startups after it wrote a $3 million check for CheckMate, a U.S.-Indian startup that helps restaurants deal with the pain of multiple food ordering platforms. The Series A and it represents the first time that CheckMate has raised outside funding for its business. It is also a […]

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Crunch Report | Netflix is now worth more than $100 billion

Netflix is now worth more than $100 billion, Uber Eats acquires Ando and Rupert Murdoch wants Facebook to pay for the news. All this on Crunch Report. Read More

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