November 02, 2023
Supply Chain Tech Startups Seek Alternatives as VC Funding Slows
Supply chain technology startups are reportedly facing a challenging environment as venture capital (VC) firms reduce funding for these companies. The decline in investor support, coupled with a weakening freight...
November 02, 2023
Report: Ibotta Prepares for $2 Billion IPO
Ibotta, the digital marketing software firm, is reportedly gearing up for an initial public offering (IPO) that could value the company at $2 billion or more. To assist with the...
November 02, 2023
Report: Flexport Works to Rebuild Customer Trust After Complaints
Flexport, a San Francisco-based shipping startup, is reportedly facing skepticism from important customers and a drop in revenue. This follows complaints about issues like canceled deliveries and inconsistent communication, Bloomberg...
November 01, 2023
Quick Service Restaurants Double-Down on Technology to Gain Customers
The food service sector is transforming rapidly, and surviving in such a changing environment requires agile retail strategies. In the last two years, due to high inflation, restaurants have been...
November 01, 2023
Panera Bread Cuts Corporate Staff Ahead of Parent Company’s Planned...
Panera Bread is reportedly making significant changes to its corporate structure as its parent company Panera Brands prepares for an initial public offering (IPO). The company will be laying off...
November 01, 2023
DoorDash Says Built-In Audience Gives Grocery Business Advantage Over Instacart
DoorDash is leveraging its existing audience to acquire eGrocery customers in the face of competition for consumers’ delivery spending. The United States’ leading aggregator stated on its earnings call Wednesday (Nov. 1),...
November 01, 2023
Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion. This has made...
November 01, 2023
Waystar Listing In Limbo Amid Unhealthy IPO Market
Healthcare payments firm Waystar’s plans to go public are reportedly on hold. The company had planned to begin an investors roadshow in advance of an initial public offering (IPO) this...
October 30, 2023
Chipotle and McDonald’s to Raise Prices in California After Minimum...
Chipotle Mexican Grill and McDonald’s plan to increase menu prices in California next year. The decision is a response to the state’s forthcoming minimum wage hike for fast-food workers, which will see employees...