Taxify rebrands as Bolt to expand its transport options beyond private cars

Taxify, the ride-hailing company from Estonia backed by Didi and Daimler and now active in 30 countries, is making a key shift in its business today as it gears up for its next stage of growth. The company is removing “taxi” from its name and rebranding as Bolt, the same name that it has been […]

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Hulu drops the price for its streaming service to $6 per month, but raises prices for Live TV

While Netflix is raising prices, Hulu is lowering its own. In a move to better compete with streaming rivals – and pick up new customers who think Netflix just got too expensive – Hulu this morning announced it’s lowering the cost of its streaming service by $2.00 per month. Currently, the service is $7.99 monthly. […]

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On-demand telehealth company Tyto Care adds Sanford Health, Itochu and Shenzhen Capital Group as strategic investors

Tyto Care, a telehealth company that enables physicians to conduct on-demand remote exams, announced today that it has added $9 million to its Series C, bringing the round’s total to $33.5 million. The new funding comes from strategic investors Sanford Health, Itochu, and Shenzhen Capital Group. First announced last year, the oversubscribed Series C was […]

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Meituan partners with Nvidia, Valeo and Icona for its autonomous delivery platform

Meituan Dianping, China’s largest on-demand food delivery company, announced today at CES that it has signed three new major partners for the development of its autonomous delivery open platform. They are Nvidia, Italian automotive design company Icona, and French automotive supplier Valeo. This is the first time Meituan Dianping, which went public four months ago […]

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Uber Eats launches its new platform for corporate accounts

Uber Eats is expanding to enterprise customers with the launch of Uber Eats for Business. The new service allows companies to manage their employees’ food orders and positions Uber Eats to compete more directly against rivals that already offer corporate accounts, including Deliveroo, GrubHub, and Foodpanda (in some markets). Uber Eats for Business is integrated […]

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Uber is developing an on-demand staffing business

Uber is reportedly developing a short-term staffing business to offer 1099 independent contractors for events and corporate functions, the Financial Times first reported. Dubbed Uber Works, the service would provide waiters, security guards and other temporary staffers to business partners, a source close to Uber told TechCrunch. Uber has been working on the project for […]

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On-demand pharmacy startup NowRx raises $7 million Series A round through crowdfunding

NowRx, an on-demand pharmacy solution of sorts, just closed a $7 million Series A round via the SeedInvest crowdfunding platform. The company had previously raised a $3 million seed round. As the on-demand industry flourished and NowRx co-founder Cary Breese surrounded himself with people from the pharmacy industry, Breese said it became clear to him […]

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Waitrose switches up a gear to launch two-hour grocery deliveries in London

Up market UK supermarket chain Waitrose will start trialing two-hour or same day delivery options in certain London postcodes from tomorrow. It’s partnering with CitySprint Group courier delivery spin-out On the Dot for the deliveries which will be made by electric and hydrogen vans and push bikes and cargo bikes (billed as a zero-emission fleet). The […]

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South Korean home cleaning startup Miso sweeps up $8 million Series A

South Korean home cleaning service Miso wants to leave its competition in the dust after raising an $8 million Series A. Led by AddVenture, with participation from returning investors Y Combinator, FundersClub and Strong Ventures, and new backer Social Capital, the funding will be used on marketing and entering new Asian countries. The Y Combinator […]

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Caviar now offers accident and disability insurance for couriers

If you’re a gig economy worker, you’ve probably settled into the reality that insurance and benefits aren’t going to be available to you. Well, not unless on-demand companies make the switch from 1099 independent contractors to W-2 employees. While that’s not changing — yet — Square’s on-demand food delivery service, Caviar, is now offering insurance […]

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Doughbies’ cookie crumbles in a cautionary tale of venture scale

Doughbies should have been a bakery, not a venture-backed startup. Founded in the frothy days of 2013 and funded with $670,000 by investors including 500 Startups, Doughbies built a same-day cookie delivery service. But it was never destined to be capable of delivering the returns required by the VC model that depends on massive successes […]

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Chowly is raising $5.8 million to help restaurants manage on-demand delivery orders

Chowly, a point-of-sale system for restaurants, has raised nearly $4.7 million, according to an SEC filing. The company is targeting a total raise of $5.8 million. Chowly aims to help restaurants better manage the influx of delivery orders they receive from a variety of services, such as Grubhub, Delivery.com and Chownow. In May, Square launched […]

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