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Latest Articles in food delivery services

Uber Rides Take COVID-19 Hit But Food-Delivery Business Doubles

Uber's second-quarter revenue fell 29% to $2.24 billion from the year prior, beating analysts' average estimate of $2.18 billion, according to IBES data from Refinitiv.

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Uber To Focus On Core Rides, Delivery Business As It Cuts 23% Of Workforce

Uber employed 28,600 people before the pandemic crippled its business, according to a regulatory filing at the end of the first quarter.

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Swiggy To Lay Off 1,100 Employees As COVID-19 Hits Online Food Orders

India's best known startups, is among many that are laying off employees and reshaping their business in response to the COVID-19 pandemic, which has forced 1.3 billion Indians indoors and crippled business.

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Uber Sells Indian Food Delivery Business To Zomato In Move To Cut Losses

Zomato, valued at around $3 billion after raising money from Ant this month, reported a loss of $294 million for the year ended March 2019. Swiggy made a loss of $330 million.

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Amazon Plans Imminent Launch Of Online Food Delivery Service In India: Sources

Amazon is aiming to launch the new service delivering from restaurants ahead of India's month-long festive season, which starts in September.

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Foodpanda storms into its 20th City, taking its delivery network to 13 new cities across India

Foodpanda’s delivery network has been active in 7 cities in India viz. Bengaluru, Mumbai, New Delhi, Kolkata, Chennai, Hyderabad and Pune with 13 more cities going live today

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