We grew our headcount too fast and face severe economic headwinds, says CEO Will Shu Deliveroo, the online food delivery company, has announced plans to cut 350 jobs, about 9% of its workforce, in response to the current economic situation. The company’s CEO, Will Shu, acknowledged the company’s rapid headcount […]
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In the digital age, where boundaries are increasingly blurred, Estonia stands out as a pioneer with its groundbreaking e-Residency program. Launched in 2014, this program has positioned Estonia at the forefront of digital innovation, offering a unique blend of technology and business opportunities that transcend geographical limits. Estonia’s Digital Leap: […]
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Jerry Mai, a renowned chef celebrated for her ventures such as Pho Nom and Bia Hoi, has embarked on a new culinary journey as the consultant chef at St Cloud Eating House in Hawthorn East, Melbourne. Known for her vibrant Vietnamese cuisine, Mai is set to infuse the menu with […]
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The concept of “Ghost Kitchens” has been gaining traction in Europe, with cities like Warsaw hosting companies such as CookCity, Cookout, and Ghost Burger. These kitchens, which operate solely through online delivery apps like Deliveroo and Uber Eats, have no physical customer-facing storefronts and are often situated in industrial areas. […]
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Curefoods, a cloud kitchen startup, has strategically acquired the food tech startup Yumlane, known for its proprietary pizza technology, to bolster its culinary offerings. Yumlane, founded in 2016, has developed a significant presence in the cloud kitchen space, particularly with its Yumlane Pizza brand. The startup has expanded its reach […]
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In a disheartening turn of events, the gourmet meal delivery business Providoor, which celebrity chef Shane Delia founded during the COVID-19 lockdowns, has collapsed into liquidation. This unfortunate development has left thousands of customers holding nearly $4.4 million in now-worthless gift cards. The liquidation of Providoor reveals the company’s debts […]
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After a financial fiasco that left the gourmet food delivery service Providoor in liquidation, owing over $6.3 million, the company has found a lifeline in a new owner and a star-studded cast of culinary celebrities. Launched during the pandemic lockdowns as a lifeline for food enthusiasts to access meals from […]
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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 […]
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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 […]
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