PYMNTS-MonitorEdge-May-2024

meal delivery

Grubhub Sold to Delivery Startup Wonder at 90% Loss
Grubhub Sold to Delivery Startup Wonder at 90% Loss
November 13, 2024  |  Acquisitions

After a two-year search for a buyer, Just Eat Takeaway has sold Grubhub to food delivery startup Wonder. The company announced the sale Wednesday (Nov....

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DoorDash Looks to Grow Beyond US and Beyond Restaurants
DoorDash Looks to Grow Beyond US and Beyond Restaurants
January 02, 2024  |  Delivery

DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the...

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HelloFresh Launches In-House Fleet Delivery Service
HelloFresh Launches In-House Fleet Delivery Service
November 14, 2023  |  Delivery

Meal kit company HelloFresh is now in the last-mile delivery business. The company announced Tuesday (Nov. 14) that its company-managed fleet is now operating in 19 major metropolitan areas....

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Kroger’s Home Chef Launches Heat-and-Eat Meals as Consumers Seek Takeout Alternatives
Kroger’s Home Chef Launches Heat-and-Eat Meals as Consumers Seek Takeout Alternatives
October 04, 2023  |  Retail

With consumers looking for lower-cost options to replace restaurant delivery and pickup without compromising on speed or convenience, Kroger is expanding its meal solutions business....

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Wonder Nabs Blue Apron for $103 Million Amid Meal Delivery Consolidation
Wonder Nabs Blue Apron for $103 Million Amid Meal Delivery Consolidation
September 29, 2023  |  Acquisitions

As competition for consumers’ meal delivery spend heats up across businesses ranging from direct-to-consumer (D2C) sites and major food brands to restaurants and aggregators, Wonder...

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Grubhub Orders Fall by the Millions as Diners Cut Back
Grubhub Orders Fall by the Millions as Diners Cut Back
July 26, 2023  |  Earnings

Grubhub is seeing its orders plummet as rising restaurant prices prompt diners to seek less expensive food options. In its latest earnings report released on Wednesday...

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Blue Apron Shares Jump on FreshRealm Deal and Focus on D2C Growth
Blue Apron Shares Jump on FreshRealm Deal and Focus on D2C Growth
June 09, 2023  |  Subscription Commerce

Meal kit provider Blue Apron shares jumped Friday (June 9) on news of its shift to an asset-light model. The shares jumped as much as 71% in...

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Why Startups Need Consolidation and Profitability to Win Back Investors
Why Startups Need Consolidation and Profitability to Win Back Investors
December 06, 2022  |  Startups

Venture capital funding has dwindled significantly following a banner year in the tech investment space. According to Thomas Cuvelier, partner at Paris-based venture investment firm Alven, the...

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American Express To Donate Meals To Women’s Shelters
American Express To Donate Meals To Women’s Shelters
June 02, 2020  |  Payment Methods

American Express is encouraging its cardholders to order food on Deliveroo, and every time they do, the global finance services company will deliver a meal to a...

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