Food Delivery

Food delivery in urban areas, on college campuses and in office complexes can be problematic, with nowhere for delivery drivers to leave the items, forcing them to wait for the consumer to come to the pickup location. During times of COVID, it was also not contactless. Seattle-based Minnow...

Jack Ma’s Ant Group and Uber Technologies Inc (NYSE: UBER)-backed Indian food delivery start-up, Zomato, has proposed to raise $1.1 billion (INR82.5 billion) from an initial public offering (IPO), Nikkei Asia reports. What Happened: The IPO coincides with India’...

Following weeks of criticism over its pricing, DoorDash (NYSE: DASH) has announced a new fee structure for restaurants using the service. The delivery service will roll out three price points in its Partnerships Plans, starting with a 15% commission option. Pickup commission costs will be lowered...

DoorDash Inc (NYSE: DASH) has introduced three new tiers of commission for the restaurants for different service levels based on profitability or growth requirement, the Financial Times reports. U.S. legislators levied temporary caps on the fees last year to help the ailing...

Benzinga hosted the Cleantech Small Cap Conference featuring small cap companies in the clean energy field. One of the panels hosted was “The Micromobility Revolution.” The panel was moderated by Cassidy Shell, a lead analyst with Cleantech Group and included panelists Mark Frohnmayer...

Uber Eats (NYSE: UBER) will enter the German market in the next few weeks, going head-to-head with Just Eat Takeway.com in that country for the first time. The CEOs of both firms are now trading barbs on Twitter. The news was first reported by the Financial Times. "Europe, in particular, has been...

Amazon.Com Inc (NASDAQ: AMZN)-backed food delivery app, Deliveroo’s shares plummeted 30% in the company’s London initial public offering (IPO) Wednesday, hitting the lows of 271p within the first 20 minutes of trading, the Financial Times reports. What Happened...

Shake Shack Inc (NYSE: SHAK) has expanded its Shake Track digital service in an exclusive partnership with Uber Technologies Inc’s (NYSE: UBER) Uber Eats. What Happened: After successfully testing its delivery service in Miami and New York, Shake Shack will now offer its menu for delivery...

An important indicator for investors to consider could be a stock's 52-week trading range, the range shows the lowest and highest price that a particular stock has traded at over the last trailing 52 weeks. Here is a look at three stocks at 52-week lows that could bounce. Berkeley Lights:...

British online food delivery company Deliveroo has announced that it will make 50 million pounds', or $69 million, worth of shares available to its customers in its upcoming IPO. What Happened: The Amazon-backed food delivery service said customers who had placed an order with...

Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session. On any given...

Meal kit delivery company Blue Apron Holdings (NYSE: APRN) recently reported mixed fourth-quarter results. A loss of 67 cents per share fell short of the 61-cents-per-share loss expected, while revenue of $115.46 million beat estimates of $110.5 million. Following the report, Benzinga had...

Online food ordering and delivery company Olo filed an S-1 document with the SEC late last week as part of its plan to raise up to $100 million in an initial public offering. About Olo: Olo provides an on-demand commerce platform for multilocation restaurant brands that enables digital...