Just Eat Takeaway.com said on Wednesday it had agreed to buy US peer Grubhub in an all-stock deal that, if completed, would create the world’s largest food delivery company outside China.
Ride-hailing giant Uber Technologies has rolled out Uber Cash in South Africa to encourage contactless payments amid the Covid-19 crisis.
Dramatic changes at Uber represent a humbling of the ride-hailing giant, which has offices all over the world and has advertised its ambitions to become a one-stop-shop for global travel.
Uber Technologies will sell Uber Eats in India to local rival Zomato in a $172-million deal, underscoring the ride-hailing giant’s effort to cut back on loss-making operations.
Takeaway.com raised its bid for Just Eat just minutes after Naspers spin-off Prosus upped its offer, intensifying a battle for ownership of the UK food delivery firm.
Good luck to potential investors in Uber Technologies’ coming initial public offering. Multiple advanced degrees might be needed to figure the company out.
Ride-hailing firm Bolt – formerly known as Taxify – has announced it will launch a food delivery service in South Africa, in the process taking on rivals Uber Eats and Mr D Food.
Uber Technologies is in talks to sell its Uber Eats operations in India to rival Swiggy, less than two years after it entered the country’s competitive food-delivery business, according to a person familiar with the negotiations.
Uber Technologies has said it will triple headcount working on food delivery across Europe, the Middle East and Africa in its fight for market share against local rivals.
Uber Eats, the food delivery business of ride-hailing giant Uber, has acquired South African-owned restaurant technology company orderTalk in what is being billed as a significant exit for Cape Town-based venture capital investor
