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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 […]
Lanch, a Berlin-based startup, is innovatively merging the worlds of food and influencers by partnering with creators to launch unique food delivery brands. The company recently secured $6.9 million in funding after successfully launching a pizza brand, “Happy Slice,” in collaboration with German YouTubers Knossi and Trymacs, which sold over […]
Supply chain software startup Flexport has decided to lay off approximately 20% of its global workforce. Flexport CEO Ryan Petersen communicated this decision to the staff, and the layoffs are expected to commence on Friday. The move comes as part of a series of changes within the company, especially since […]
Domino’s Pizza, on Thursday, revealed an unexpected decline in its quarterly same-store sales. However, the company remains optimistic about a resurgence in U.S. demand. They are banking on their revamped loyalty program and various promotional offers to counterbalance the diminishing benefits of their elevated menu prices. The news is “Domino’s […]