A big selling point of ordering food to the doorstep in China is price, which, in the early years, could be much cheaper than eating in-house. That’s arguably indulged a demographic of lazy, indoorsy eaters, but that may not last for much longer. Over the past few months, users in China have noticed incremental price […]
View More Food delivered to the doorstep is not so cheap in China anymoreCategory: online food ordering
Failed meal-kit service Munchery owes $6M to gift card holders, vendors
Several weeks after a sudden shutdown that left vendors and customers in the lurch, Munchery has filed for Chapter 11 Bankruptcy protection.
View More Failed meal-kit service Munchery owes $6M to gift card holders, vendorsGo-Jek pulls in $100M more for its massive Series F round
U.S. ride-hailing giants Lyft and Uber are going public in the U.S. imminently, but over in Southeast Asia, the two largest on-demand companies are still madly fueling up on investment capital. The latest update to that story today saw Go-Jek, the Indonesian ride-hailing firm aiming to go regional in Southeast Asia, announced that it has […]
View More Go-Jek pulls in $100M more for its massive Series F roundIndia’s Swiggy goes beyond food to offer product delivery from local stores
Swiggy, the Indian food delivery service, has made its much anticipated moved into general deliveries today after it announced its new ‘stores’ product. The move has been speculated since as early as 2017, but recent developments have taken the company closer towards the expansion. Last September, Swiggy picked up delivery service SuprDaily in an acquisition […]
View More India’s Swiggy goes beyond food to offer product delivery from local storesFirst China, now Starbucks gets an ambitious VC-funded rival in Indonesia
Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wave, and on the real estate side, where WeWork China has just unveiled an on-demand product that could tempt people who go to Starbucks to kill time or […]
View More First China, now Starbucks gets an ambitious VC-funded rival in IndonesiaGo-Jek confirms first close of $2B Series F round at $9.5B valuation
Go-Jek, the Indonesia-based ride-hailing company that is challenging Grab in Southeast Asia, has announced the first close of its Series F round, as TechCrunch reported last week. The company isn’t revealing numbers but sources previously told us it has closed around $920 million. Go-Jek is planning to raise $2 billion for the round, as reported last […]
View More Go-Jek confirms first close of $2B Series F round at $9.5B valuationGo-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion
Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t deterring the Indonesian company from investing into the market. Today, Go-Jek announced that it has acquired local fintech company Coins.ph through “substantial investment” which gives it a majority stake in the business. The deal is officially […]
View More Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansionGo-Jek’s Southeast Asia expansion runs into a roadblock in the Philippines
Southeast Asian ride-hailing challenger Go-Jek has expanded into three new markets as it bids to expand beyond its native Indonesia, but it is having major issues getting into a fourth. The company — which rivals Grab, is valued at over $6 billion and is backed by the likes of Google and Tencent — this week […]
View More Go-Jek’s Southeast Asia expansion runs into a roadblock in the PhilippinesUK workplace rights reform doesn’t look disruptive to gig economy giants
The UK government has set out a labor market reform package it bills as a major upgrade to workplace rights in the era of disruptive gig economy platforms. The reforms, which include new legislation, are intended to take account of changes in working practices including those flowing from tech platforms. But despite some gig economy platforms standing […]
View More UK workplace rights reform doesn’t look disruptive to gig economy giantsUnion’s human rights challenge to Deliveroo dismissed by UK High Court
A UK union that has been fighting to win collective bargaining rights for gig economy riders who provide delivery services via Deliveroo’s platform has had its claim for a judicial review of an earlier blocking decision dismissed by the High Court today. Six months ago the IWGB Union was granted permission to challenge Deliveroo’s opposition to collective […]
View More Union’s human rights challenge to Deliveroo dismissed by UK High CourtUberEats UK couriers striking over pay changes
Groups of UberEats couriers are continuing to strike over pay and calling for a minimum £5 per delivery fee. Several strikes have been reported in London over the past few days, as well as other UK cities including Glasgow, Cardiff and Plymouth. Late last week Uber revealed a new pay structure which shrinks the per […]
View More UberEats UK couriers striking over pay changesGo-Jek plans to raise $2B more for Southeast Asia ride-hailing battle
Indonesia’s Go-Jek is planning to raise $2 billion from investors to fuel its ride-hailing battle with Grab in Southeast Asia. Go-Jek raised $1.5 billion earlier this year from investors that include Chinese trio Tencent, Meituan and JD.com, as well as Google, Allianz and Singapore sovereign fund Temasek. Now it is planning to raise a further […]
View More Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battle