Sentences with phrase «food delivery startups in»

And Blue Apron already has numerous competitors, with HelloFresh, Sun Basket, and other food delivery startups in the mix.

Not exact matches

Postmates, the San Francisco - based delivery startup best known for sending bike messengers with food orders, hired Qatalyst in March.

Meal - delivery startup Freshly has raised $ 77 million in new funds, financing that was led by Swiss - based food giant Nestle.

In 2015 alone, food - delivery startups (not counting Uber) have raised a collective $ 500 million.

Cowen's analysts say that UberEATS — along with a bunch of competitors in the food - delivery - startup space — could capture 50 % of the food - delivery industry's growth in the 2015 fiscal year.

This comes on the heels of Maple, the New York food delivery startup backed by acclaimed restaurateur David Chang, closure in early May.

On Tuesday, the food delivery startup hoping to reinvent frozen's reputation in the era of clean eating announced that it had raised some $ 43 million in a second round of funding, led by venture capital firm Lightspeed Venture Partners, with participation from VMG Partners, M13, actress Haylie Duff, Bobby Flay and Shaun White.

«This trend could be due to several factors (or a combination of them): more startups being targeted for acquihires as their growth slows, capital availability leading to more ready cash on - hand, and a general consolidation of certain industries (e.g., food delivery companies acquiring each other),» CB Insights wrote in a blog post.

Startups in the food and grocery ecommerce and delivery industry attracted almost $ 500 million in venture capital over the last year, a 51 percent increase from last year, while big players such as Google and Amazon continue to outdo each other with new delivery options.

JoyRun investor Josh Goldman, a general partner at Norwest Venture Partners, said in a statement, «Food delivery has seen only minor incremental changes to the challenging operational issues, and no previous startup had really changed the unit economics in a sustainable way.

Maple, a food - delivery startup that launched in New York in 2015, announced in a letter that it would be closing shop on Monday.

Yummy 77 Amazon invested $ 20 million in the Shanghai - based food - delivery startup, marking the retailer's first strategic investment in the Chinese market since acquiring Joyo.com — Amazon's local e-commerce rival — 10 years earlier.

Maple isn't the only food - delivery startup to struggle and sell its parts to a competitor in an increasingly crowded space.

SpoonRocket, one of the first food delivery startups to sell meals cooked in its own kitchens, will shut down its operation on Tuesday.

In the hyper - competitive food - delivery business, startups are hoping to hook customers with subscription memberships and keep them from jumping to competitors that peddle discounts.

Earlier this year the failure of few food delivery startups led to a number of pundits and articles claiming that the on - demand economy was in trouble.

It has raised about $ 120 million in total, a lot more than many food delivery startups.

Healthcare platform CureFit has acquired Bengaluru - based premium online food delivery startup Kristys Kitchen in a cash and...

Startup companies that offer food delivery services via an app are growing in popularity as consumers fall in love with the ease of placing an order on their phone.

Alibaba will be further expanding its stake in China's food and local services delivery market as the company is set to gain full control of Ele.me in a deal that puts the startup's value at $ 9.5 billion.

But food delivery startup, Postmates, took the gossip to a whole other level: It trash - talked Facebook in — of all places — the notes that accompanied Postmates newest app update.

Founder Peter Fedchenkov is also the founder and chief executive of Instamart, a seed - stage food delivery startup founded in 2013 and operating in Russia.

Alibaba's 2018 investment spree looks set to continue after it made a push to buy Ele.me, the food delivery startup from China that it has invested in, in full.

Its warehouses reach operational profitability when they hit around 40 percent capacity, and all the recurring storage revenue makes its unit economics for pick - ups and drop - offs much better than startups in verticals like food delivery which expend resources for one - off payments.