Sentences with phrase «leading food delivery startups»
One of China's leading food delivery startups ele.me is about to receive US$ 1 billion funding from Alibaba and its financial affiliate, Ant Financial.
https://technode.com/
Xuhao is the CEO of Ele.me, China's leading food delivery startup, which is valued at approximately $ 6 billion and counts Alibaba and Tencent among its investors.
Not exact matches
Meal - delivery startup Freshly has raised $ 77 million in new funds, financing that was led by Swiss - based food giant Nestle.
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.
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.