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Investopedia reports that DoorDash exceeded earnings expectations with a significant rise in orders and user engagement on its platform. Despite high inflation, consumers in the U.S. continue to spend on delivery and takeout, contributing to DoorDash’s growth. The company posted a net loss of $75 million, or 19 cents per […]
Getir, the Turkish instant grocery delivery startup, has acquired FreshDirect, a New York-based online grocery delivery service, to expand its presence in the U.S. market and further establish itself as a consolidator in the grocery delivery sector. The terms of the deal have not been disclosed, but it is known […]
ANKARA – Turkish Airlines announced on Wednesday that its operations have returned to normalcy after experiencing technical issues with its ticket reservation and booking systems. This led to the cancellation of all flights departing from Istanbul. Yahya Ustun, the senior vice president for media relations, clarified that the disruptions were […]
In a groundbreaking experiment, a group of researchers from China and the US showcased the prowess of AI in software development. They assembled a virtual team of ChatGPT 3.5-powered bots, each taking on roles typically in a software agency, such as CEO, CTO, programmer, and graphics designer. This AI team, […]
The E-Commerce Titan’s Physical Footprint Amazon, the e-commerce behemoth, ventured into the physical retail space with its Fresh stores. However, change is on the horizon as three of these stores prepare to close their doors. Amazon has decided to shutter three of its Fresh stores. The most notable among these […]
Singapore-based food delivery giants Grab and Foodpanda are venturing into the dine-in sector as consumers increasingly prefer eating out in the post-pandemic era. Grab is piloting its dine-in feature in 15 cities across Singapore, Thailand, and Indonesia, offering users the chance to pre-purchase vouchers with up to 50% discounts. The […]
DoorDash, the popular food delivery service, has announced record-setting numbers for total orders and revenue in the second quarter. The San Francisco-based company revealed that its total orders surged 25% to 532 million, surpassing Wall Street’s expectations. Revenue also saw a significant increase of 33%, reaching $2.1 billion. The company’s […]
Woworks has announced the launch of a new prototype, “Wow Kitchens,” within a Cloud Kitchens facility in San Francisco. This ghost kitchen platform will feature a curated selection of menu items from Woworks’ six fast-casual brands and seven virtual concepts. The initiative aims to offer more opportunities for franchisees and […]