July 09, 2024
On-Demand Delivery Aggregators Expand Their Alcohol Businesses
As delivery aggregators look to become go-to destinations for a wider range of on-demand needs, key players are expanding their alcoholic beverage options. Take, for instance, DoorDash. Earlier this month,...
July 08, 2024
Delivery Hero Faces Potential €400 Million Fine, Shares Plummet
Shares in Delivery Hero tumbled by as much as 17.4% in early trading on Monday following the company’s announcement that it could face a fine exceeding €400 million ($433 million)...
July 08, 2024
Delivery Hero Faces $433 Million EU Antitrust Fine
Germany’s Delivery Hero says it may face a “significant” fine over alleged antitrust violations. The online delivery service warned of the potential $433 million fine in a statement on its website Sunday (July 7)....
July 05, 2024
Co-op Teams With Walmart to Expand Online Grocery Offering
Great Britain’s Co-op is teaming with Walmart to expand its online grocery offering. The cooperative convenience store network announced Friday (July 5) that it will work with Walmart Commerce Technologies to implement its online fulfillment technology,...
July 02, 2024
Uber to Add Boat Options in European Tourist Destinations
At a growing number of tourist destinations in Europe, getting an Uber may mean hopping onboard a boat. The ride-hailing firm is rolling out several Uber Boat options this summer,...
July 02, 2024
Aggregators Expand SNAP EBT Acceptance to Woo Paycheck-to-Paycheck Shoppers
As aggregators compete to win the spending of financially struggling consumers, more players in the space are expanding their acceptance of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT)...
June 28, 2024
Unraveling the Roll-Up: Private Equity’s Misunderstood Investment Strategy
Private equity investment generally and roll-ups specifically are well-established investment strategies that can be good for competition, and can help the companies in which private equity funds invest achieve more...
June 28, 2024
Private Equity Roll-Ups Amidst Heightened Antitrust Enforcement
In the last few years, the Federal Trade Commission (“FTC”) and the Department of Justice Antitrust Division (“DOJ”) have increasingly set their sights on serial acquisitions in fragmented markets, colloquially...
June 26, 2024
Consumers Engage Digitally With Restaurants 34% More Than Grocers
As consumers turn to digital platforms to meet their food needs, their eCommerce adoption of restaurants is greater than for grocery. By the Numbers The 2024 edition of PYMNTS Intelligence’s...
