Food Delivery

One of the most well-known fast-food brands in the U.S. could be getting a store facelift that will create some buzz and could increase speed and efficiency. What Happened: Taco Bell, a unit of Yum! Brands Inc (NYSE: YUM), announced plans to open a new two-story location in Brooklyn Park,...

Analysts share their reactions and new price targets on shares of DoorDash Inc (NYSE: DASH), which reported second-quarter earnings Thursday after market close. The DoorDash Analysts: Barclays analyst Ross Sandler had an Equal Weight rating and raised the price target from $160 to $183....

The fast-moving grocery delivery business got a new shock on Wednesday when The Information reported that DoorDash has held talks in recent months about exploring a possible acquisition of Instacart in a deal that would be valued between $40 billion and $50 billion. According to one analyst, the...

In 2004 in the city of Chicago, two hungry web developers were working on the next multibillion-dollar concept. Matt Maloney and Mike Evans are better known today as the founders of Grubhub, the app that got the ball rolling for the world of online food delivery platforms. A decade later, Doordash...

Four months after raising $1.2 billion, instant delivery application Gopuff announced it has closed on a Series H round for $1 billion, reaching a $15 billion valuation. The round was led by new investor Blackstone's Horizons platform and its previous investor Fidelity Management and Research Co....

Alibaba Group Holding Limited (NYSE: BABA)-backed Indian food delivery startup Zomato Ltd made a strong debut on the stock market Friday, with its shares opening nearly 53% higher. What Happened: Zomato’s shares opened at INR 116 ($1.57) per share on the National Stock Exchange of India...

As vaccines became readily available and Americans looked to return to office spaces, travel and entertainment, DoorDash (NYSE: DASH) reported a huge surge in orders of shampoo and conditioner. Once again, grooming became important. The delivery firm recently released results of its Deep Dish...

According to a press release on Monday, DoorDash Inc (NYSE: DASH) has partnered with plant-based meat company Beyond Meat Inc (NASDAQ: BYND) to sell grilling kits in the days leading up to the Fourth of July. On Tuesday, DoorDashs' shares increased 4.7% as Wells Fargo raised its price target...

As the close of the first half of 2021 nears, investors have a chance to look at some companies that could have big moves in the second half of 2021. Here is a look at five SPACs to watch in the second half of 2021. Churchill Capital Corp IV: Electric vehicle company Lucid Motors is merging...

After plummeting nearly 37% from its first earnings call, DoorDash (NYSE: DASH) investors are jumping on the stock Friday following a strong Q1 earnings report on Thursday. In midmorning trading, DoorDash stock was up more than 20% on volumes that by 10:45 a.m. EDT Friday had surpassed 4.2 million...

Your vocabulary word for the day is “boing.” Definition: The sound the stock market makes when it’s bouncing. Early indications from the futures market this morning suggest stocks may end the week on a high note as investors continue to be in buy-the-dip mode. But there’s...

Amsterdam-based food delivery company, Just Eat Takeaway.com NV (OTC: TKAYF) published the prospectus for its proposed $7 billion acquisition of U.S. peer GrubHub Inc (NYSE: GRUB), Reuters reports. Takeaway shareholders had approved the deal in October. GrubHub...

Food delivery was a rare place of major activity in a year shaped by the global pandemic, with stay-in-place orders helping fuel demand for at-home dining. Consolidation has been a major trend among these companies in an effort to capture additional market share and serve more geographies. With...

Arrival, the U.K.-based electric bus and van manufacturer, has announced a deal with global ridesharing giant Uber to develop an electric car for ride hailing in the U.K. and Europe. Uber has a similar deal with General Motors (NYSE: GM) in the U.S., first announced in September 2020. The new deal...

Turkish retail delivery app, Getir is planning at least $500 million at a minimum valuation of $7 billion to fund its U.S. expansion, Bloomberg reports. Getir is aiming for a U.S. initial public offering after two years. Startups like Getir and Berlin’s grocery delivery app Gorillas...