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Food Delivery

2 GoKawiil briefs on this topic

DoorDash warns restaurants over AI startup Bites listing them without consent

DoorDash sent emails to Bay Area restaurants this August saying they may have been added to a startup called Bites' delivery platform without agreeing to its terms, pricing or service standards. Bites is a 10-person pre-seed startup with roughly 300 restaurants in its listings, compared to DoorDash's 970 million orders and $4.5 billion in quarterly revenue. DoorDash's letter noted that unauthorized listing practices could be illegal depending on the state and gave instructions for restaurants to request removal.

Delivery Hero's board endorses Uber's $15 billion takeover offer

Delivery Hero's supervisory and management boards have approved Uber's $15 billion acquisition bid and are recommending shareholders vote in favor. Uber, already Delivery Hero's largest shareholder, set a threshold requiring at least 50% plus one share of outstanding capital, while major investor Prosus agreed to sell its 17% stake as part of the deal.