Category: In the News

Uber announced Monday it sold its food delivery business in India to competitor Zomato. Uber executives have said they would look to exit markets where they couldn’t be the No.…Continue readingCNBC – Uber stock surges after it offloads food delivery in India in bid for profitability

Food software startup Olo, named after the phrase “online ordering,” might have plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. The company,…Continue readingPYMNTS.com – Olo Rumored To Go Public In 2020 With Possible $1B Valuation

Johannes Eisele/AFP/Getty ImagesUber CEO Dara Khosrowshahi.This back-to-school makeup takes less than 15 minutesStarting school can be exciting and nerve-wracking. It’s hard to decide what to wear. Celia Skvaril shows you…Continue readingBusiness Insider Australia – Uber losses keep growing as the ride-hailing giant scrambles to get its finances in order

By Alison Griswold Online food-delivery startup Deliveroo will exit Germany this week, the company told customers and workers by email today. An email sent to customers said the London-based company…Continue readingQuartz – Food-delivery giant Deliveroo is pulling out of Germany

Uber posted a $US5.2 billion loss on Thursday, its largest ever, sending shares plummeting. A major chunk of that loss was a consequence of two things: stock-based compensation and driver…Continue readingBusiness Insider Australia – Uber lost $5.2 billion in 3 months. Here’s where all that money went.

IF YOU don’t feel like cooking when you get home from work tonight, you should think carefully about your Plan B. That’s the warning from several fed-up Aussie restaurateurs who…Continue readingNews Mail – ‘Do not use them’: food warning