Delivery Hero
Berlin-based food delivery giant Delivery Hero has warned investors it may “ultimately” face an antitrust fine of up to €400 million. The development, reported earlier by Reuters, follows unannounced raids…
European Union antitrust regulators have carried out another series of raids on two online food delivery companies headquartered inside the bloc. The Commission hasn’t named the companies involved but the…
Fabrice Grinda says he never intended to run a venture firm. He just really (really) enjoyed angel investing. In fact, by late 2013, when he was on the verge of…
Delivery Hero and Glovo have been targeted for antitrust inspections in the European Union. The European Commission announced today that it has carried out unannounced inspections of a number of…
A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be…
U.K. food delivery gig platform Deliveroo has lost a court challenge in France over the “freelancer” status of riders. Reuters reports that the company has been fined the maximum penalty…
“Where’s my flying car?” is a staple of Gen X humor, since it reaffirms the cynical viewpoint that technology frequently fails to deliver on its lofty promises. Until recently, electric…
Payrails emerges from stealth with $6.4M led by a16z to build the OS for payments
Payments — taking and paying out money — remains a fragmented and complex area for merchants, marketplaces and others that do business with multiple parties online. As it grows —…
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Food-delivery profits remain elusive
The value of delivery giants around the world is in decline. Given all that, you might expect that investors would curtail wagers. And yet.
Zapp, the instant grocery delivery startup that launched in 2020 in London, has picked up a substantial round of funding to go head-to-head with Getir,…
TechCrunch+ roundup: 2022 enterprise predictions, Justworks IPO, startup theses to watch for
If you add a sizzling hot take to Twitter beef, you might end up with some delicious news analysis.
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Why Delivery Hero is acquiring a majority stake in Spanish delivery company Glovo
How should we think about the importance of geographic spread — sprawl? — when it comes to on-demand companies?
Delivery Hero calls last orders on Foodpanda in Germany, Japan as it tightens focus on Q-commerce and logistics-as-a-service
German on-demand delivery giant Delivery Hero is pulling its food delivery service out of Germany again. At the same time it has announced it will exit the Japanese market, by…
Superside nabs $30M to connect and manage freelance creatives working with in-house marketing and design teams
As advertising and marketing become increasingly automated and thus commoditized, design has emerged as a savior to help brands stand out. And today, a startup that’s helping companies connect with…
Yet another “quick commerce” 15-minute groceries startup is hoping to make a name for itself in this space, adding to the myriad companies currently crowding out this market. But Grovy…
Southern Europe has sometimes been seen as a little bit of a backwater in terms of venture capital funding. However, that has gradually started to change in recent years. Earlier…
Flink, the Berlin-based instant grocery startup, is now valued at $2.85B after raising $750M in a round led by DoorDash
Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be…
Berlin-based Yababa only started its same-day grocery delivery business this summer, selling products geared toward the tastes of the capital’s sizeable Turkish and Arabic communities shortly afterward, but in a…
Flytrex, the Israeli startup working with Walmart, Chili’s, and others in North Carolina in pilots for a drone-based delivery service targeting suburban consumers, has picked up $40 million in funding…
Brazilian social commerce marketplace Facily quietly raises $366M in less than a year, now valued at $850M
Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year. Most recently, Facily closed on a $250…
General Partner Claire Chang’s plan is to deploy capital into 30 new investments and keep some back for follow-on investments.
Make way for yet another “quick-commerce” player in Europe’s heavily heating on-demand grocery space: Pop Market is a Greek startup which launched last week in Athens — taking orders via…
Gorillas grabs ‘close to’ $1BN, Series C values the on-demand grocery delivery biz at $2.1BN
Berlin-based on-demand grocery delivery and dark store operator Gorillas has grabbed “close to” $1 billion in Series C funds, in the latest sign of the searing investor interest driving activity…
More startup swapping in the food delivery space: Spain’s Glovo, an on-demand delivery platform which operates a network of dark stores focused on urban convenience shopping, is pushing deeper into…
Spanish on-demand delivery platform Glovo today announced plans to double its investment in Africa and expand its operations on the continent. The Barcelona-based company has invested up to €25 million…
More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic.
This Week in Apps: OnlyFans bans sexual content, SharePlay delayed, TikTok questioned over biometric data collection
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow,…
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that…
Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America
Merqueo offers more than 8,000 products, including fresh foods, packaged goods, home essentials, beverages and frozen products. It currently operates in more than 25 cities and has over 600,000 users.
“We are true believers in the fact that the world needs a new Amazon, a better one, a more sustainable one, one that appreciates local areas and products.” It’s quite…
