DoorDash to buy UK’s Deliveroo for $3.86B
DoorDash said on Tuesday it has agreed to buy its U.K. rival Deliveroo for about £2.9 billion (around $3.85 billion).
Deliveroo confirms Dutch exit next month
Deliveroo has confirmed it’s exiting the Netherlands following an announcement this summer that it was consulting on pulling out of the market. In a statement today, the on-demand delivery app said its consultation had concluded that achieving and sustaining a top-tier market position in the market would require “a disproportionate level of investment with highly […]
Deliveroo confirms Dutch exit next month by Natasha Lomas originally published on TechCrunch
Deliveroo confirms Dutch exit next month
Deliveroo has confirmed it’s exiting the Netherlands following an announcement this summer that it was consulting on pulling out of the market. In a statement today, the on-demand delivery app said its consultation had concluded that achieving and sustaining a top-tier market position in the market would require “a disproportionate level of investment with highly […]
Deliveroo confirms Dutch exit next month by Natasha Lomas originally published on TechCrunch
Storyblok raises $47M to build out its headless CMS aimed at non-technical users like marketers
The world of web development continues to become increasingly more democratized — and more creative — thanks to innovations in “headless” systems that give more flexibility around how a site can look and function: a middle ground between using rigid templates and building and maintaining every single component of a web’s tech stack from the […]
Just Eat Takeaway takes away chairman, investigates COO, weighs Grubhub sale as meal delivery cools down
The food delivery business, and tech companies leading the charge, were hot commodities at the peak of the Covid-19 pandemic as people stayed indoors and turned to apps to fill their bellies with pre-made meals. Now with that trend cooling off, those companies are feeling the chill. In the latest development, big changes and drama […]
Ravio is bringing real-time data to the talent fight
UK-based Ravio reckons real-time data is the best way to arm businesses to win the global talent war. Its new-to-market compensation benchmarking tool lets users see how the compensation (wages and benefits) they offer their own staff compares to the market by pooling data across its employer customers (data is anonymized at the platform level) […]
Deliveroo fined in France after court rules it abused riders’ rights
U.K. food delivery gig platform Deliveroo has lost a court challenge in France over the “freelancer” status of riders. Reuters reports that the company has been fined the maximum penalty of €375,000 by a Paris court. Two former execs have also been fined €30,000 and given one-year suspended jail sentences for abusing the country’s labor […]
Deliveroo fined in France after court rules it abused riders’ rights
U.K. food delivery gig platform Deliveroo has lost a court challenge in France over the “freelancer” status of riders. Reuters reports that the company has been fined the maximum penalty of €375,000 by a Paris court. Two former execs have also been fined €30,000 and given one-year suspended jail sentences for abusing the country’s labor […]
Nord Security, the startup behind NordVPN, raises its first-ever funding, $100M at a $1.6B valuation
VPN usage has surged in the last several years, with growing concerns over data privacy and security — and sometimes completely different motivations like people wanting to access content otherwise blocked in their regions — driving an estimated 30% of all internet consumers globally to use a VPN at some point this year. Now Nord […]
As brands clamour to back causes, Good-Loop raises $6M for its view-to-donate ad platform
by Mike Butcher
Online advertising is generally terrible and our expectation that ‘information should be free’ has tragically even ended up powering disinformation-filled social networks like Facebook. Many companies have tried and failed to turn advertising into a way to power good causes. What is to be done? When I met Amy Williams back in 2016, it seemed […]
Equity Monday: Welcome to crypto game day
by Alex Wilhelm
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Every Monday, Grace and Alex scour the news, and record notes on what’s going on to kick off the week. Today we had were reeling in the wake of the American football championship, and the fact […]
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