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Foodology, a Bogotá-based cloud kitchen startup, has secured $17 million USD in a recent funding round, with plans to expand its reach in Brazil and other Latin American markets. This round of financing saw contributions from previous investors such as Andreessen Horowitz and Chimera Investment, along with new investors like […]
In the backdrop of Venezuela’s economic crisis, many, like Oskarina Fuentes, turned to platforms like Appen, an Australian data services company, to tag training data for AI algorithms. These platforms, serving tech giants like Amazon, Facebook, Google, and Microsoft, have become a lifeline for workers in some of the world’s […]
Foodology, a cloud-based Colombian cooking and virtual restaurant group, announced a US$17 million financing round on August 3, 2023. The round was led by Andreessen Horowitz (a16z) and Chimera, with participation from new investors such as 30N Ventures, a Chile-based VC focused on exceptional founders in emerging markets. The funding […]
How technology is changing the way Indians eat The online food delivery market in India is booming. In 2021, the market was worth $3.5 billion and is expected to grow to $10 billion by 2025. Several factors drive this growth, including the increasing popularity of smartphones, the growing middle class, […]
Deliveroo has opened a new type of “dark store” in Central London, called the Deliveroo HOP, as it experiments with expanding its rapid grocery business. The new store functions as a mini-warehouse where Deliveroo staff pick orders for couriers operating on its platform to collect and deliver locally to app […]
January 2022 The RGD industry is facing challenges in New York City. The high costs of labor, discounts, promotions and waived fees make it difficult for companies to reduce unit costs and achieve a profit. Additionally, the crowded market with many similar companies offering similar products and services makes it […]
Adobe to Acquire Magento Commerce Acquisition Brings Leading Commerce Platform to Adobe Experience Cloud Adobe (Nasdaq: ADBE) today announced it has entered into a definitive agreement to acquire Magento Commerce, a market-leading commerce platform, for $1.68 billion, subject to customary purchase price adjustments. The addition of the Magento Commerce Cloud […]