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DoorDash Buying Caviar From Square for $410 Million
One of the biggest players in the delivery game is buying a chunk of financial payment company Square's portfolio. DoorDash announced today a $410 million acquisition of Square's Caviar. The company will purchase the food delivery arm of Square's experiment in the...
REPORT: 25% of Drivers Admit to Sampling Your Food While Delivering It
Ever noticed a few fries missing from your meal that was just recently delivered? It turns out you might not be imagining things. US Foods conducted a survey about the meal delivery industry and found that 25% of drivers admit to having sampled a customer's food...
Watch Out Cyclists, The REV-1 Might Be Delivering Meals in Bike Lanes Soon
It's hard to beat the speed and efficiency of a bike messenger when deliveries are kept within a downtown area. The busy streets mixed with the agility of a cyclist make for a good combination when it comes to moving things through a traffic jam. One company is hoping...
IKEA to Start Food Delivery (But No Meatballs…)
We thought this was an early April Fools joke, but several news sources have confirmed that IKEA is in fact planning to start delivering food of all things. And to answer your first question, sadly, no, they will not be delivering Swedish meatballs. Now as to why IKEA...
Amazon Restaurants Shutting Down
Interesting news this week as Amazon Restaurants announced that they would be shutting down in the United States. The move doesn't come as a big surprise seeing as they cut services in London last year and overall the business didn't seem to be getting much attention...
UBER Reported Losses of Over $1 Billion, Food Delivery Costs for UBER Eats Going Up
UBER is now a publicly traded company which means each quarter we'll get a great picture into the economics of meal delivery. And if recent reporting are to be believed, UBER Eats costs are continuing to rise as competition continues to heat up. The rideshare company...