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Factbox-How Uber, Delivery Hero and rivals stack up in global food delivery
Reuters27d agoneutral
Factbox-How Uber, Delivery Hero and rivals stack up in global food delivery

July 16 - Uber will buy Delivery Hero in a deal valuing ‌the German firm at $14.8 billion ‌to create the largest food-delivery group outside China ​and stave off intensifying competition. The transaction continues a consolidation spurred by a slowdown in orders from the pandemic peaks as ‌well as ⁠pressure to improve margins. Here are details on how the food-delivery companies ⁠stack up globally: Company Region Revenue Employees Market Notes cap DoorDash USA/Global $13.71 billion 31,400 $82.86 Purchased in fiscal 2025 employees billio Deliveroo for worldwide, n $3.9 billion as of in 2025 December 31, 2025 Meituan China 364.85 billion 111,298 $68.70 About ​3.3% yuan ($53.91 full-time billio o...

Investing.com27d agoneutral
DoorDash to let AI agents place real food orders

DoorDash (NASDAQ: DASH) is the direct beneficiary of this development, as dd-cli creates a new programmatic ordering channel that could meaningfully expand transaction volume beyond the consumer app by embedding DoorDash's marketplace into AI-driven workflows.

Uber launches $14.8 billion offer for Delivery Hero to create global platform
Reuters28d agoneutral
Uber launches $14.8 billion offer for Delivery Hero to create global platform

Uber on Thursday launched a public takeover offer for Delivery Hero that values the German food delivery company at $14.8 billion and would create the world's ‌largest food-delivery firm outside China. The acquisition advances the U.S. ride-hailing firm's efforts to build a global ‌presence in the food-delivery business as it faces intensifying competition from rivals such as DoorDash, which has been expanding aggressively abroad. Uber, which has made the acquisition conditional on a minimum acceptance threshold of 50% plus one share, will offer €41.50 ($47.58) in cash per share.

Bloomberg29d agoneutral
Uber Is Said to Be In Advanced Talks on Delivery Hero Takeover

(Bloomberg) -- Ride-hailing giant Uber Technologies Inc. is in advanced talks to acquire German food-delivery company Delivery Hero SE, people familiar with the matter said.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkUS CPI Falls for the First Time Since 2020, Core Gauge FlatDisney Exiting Streaming Could Spur 40% Rally: Wells FargoU

China's Meituan says new AI model trained on domestic chips
Reuters44d agoneutral
China's Meituan says new AI model trained on domestic chips

BEIJING, June 30 (Reuters) - China's food delivery giant Meituan said on Tuesday it had released and would open-source its next-generation LongCat large ‌language model, claiming it is the world's first trillion-parameter AI system trained and run ‌entirely on a 50,000-chip cluster powered by Chinese-made processors. Meituan, often compared to DoorDash, is a late entrant to China's crowded ​and well-funded AI sector, where rivals include DeepSeek and ByteDance's Doubao.

Pizza Has Gone Cold. Domino’s Is Still Worth a Look.
The Wall Street Journal48d agoneutral
Pizza Has Gone Cold. Domino’s Is Still Worth a Look.

Pizza chains once owned a reliable American ritual: a sit-down dinner under a red-roofed Pizza Hut or a predictable Domino’s delivery on a lazy TV night. The growing American appetite for chain pizza made Domino’s Pizza one of the best restaurant stocks to own for decades.

Cathie Wood dumps $12.7M of tumbling, next-gen travel stock
TheStreet62d agoneutral
Cathie Wood dumps $12.7M of tumbling, next-gen travel stock

Cathie Wood built a controversial reputation through high-conviction, concentrated bets on disruptive technologies. Electric air taxis were one of those bets, with Archer Aviation (ACHR) being among her biggest. That changed on Monday, June 8, 2026. Wood's firm, ARK Invest, sold 2,222,392 shares of ...

Bloomberg62d agoneutral
DoorDash Built an AI Chatbot to Help With Orders, Reservations and Grocery Lists

(Bloomberg) -- DoorDash Inc. introduced an in-app artificial intelligence chatbot to help customers make restaurant and grocery orders, and suggested the technology could also be used to unlock new enterprise revenue streams.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stocks S

Walmart adds new service to compete with DoorDash, UberEats
TheStreet65d agoneutral
Walmart adds new service to compete with DoorDash, UberEats

Few companies have managed to weave themselves as deeply into the fabric of everyday life as Walmart. Need groceries? Walmart has them. A refill on your prescription? Walmart can take care of it. A new outfit for that upcoming event, supplies for that new family pet, or a restock on household ...

DoorDash, Instacart face critical FTC fight over consumer fees
TheStreet66d agoneutral
DoorDash, Instacart face critical FTC fight over consumer fees

Ordering through platforms like DoorDash or Uber Eats costs nearly 80% more on average than picking up, a LendingTree study found. Service fees, delivery charges, and inflated menu prices all add up on the final bill, often without a clear explanation of where each dollar goes. The Federal Trade ...

Investing.com67d agoneutral
Who’s winning the pizza race?

Investing.com -- Domino’s Pizza (NYSE: DPZ) and Casey’s General Stores (NASDAQ: CASY) are emerging as the biggest winners in the battle for pizza market share, according to a Bank of America analysis of the U.S. quick-service restaurant pizza market.

Pizza Hut has a $100 million AI problem
TheStreet71d agoneutral
Pizza Hut has a $100 million AI problem

While Yum Brands has been pursuing a sale of the Pizza Hut Brand, the struggling pizza purveyor has been sued by one of its largest franchise operators. Chaac Pizza Northeast, which operates more than 110 Pizza Hut locations across New York, New Jersey, Maryland, Pennsylvania and Washington, D.C., ...

SpaceX Investor Powerlaw Debuts on Nasdaq as IPO Race Heats Up
Bloomberg77d agoneutral
SpaceX Investor Powerlaw Debuts on Nasdaq as IPO Race Heats Up

(Bloomberg) -- Powerlaw Corp., a closed-end fund that owns stakes in Elon Musk’s SpaceX and artificial intelligence firm OpenAI, traded well above the value of its underlying investments in its debut on Wednesday, capitalizing on retail investors’ clamor for exposure to the hottest private tech companies.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Deta

Bloomberg81d agoneutral
Delivery Hero Says Uber Proposed €33 a Share Takeover Bid

(Bloomberg) -- Uber Technologies Inc. proposed buying Delivery Hero SE for €33 ($38) a share as it seeks to better compete with DoorDash Inc. outside the US. Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentUAE Joins Saudis, Qatar in Urging Trump Not to Restart WarTrump to Force Foreigners Seeking Green Cards to Go Home FirstAttack on UAE Nuclear Plant From Iraq ‘Warning Shot’ by IranMessi Joins Ronaldo in Billionaire Football Ranks After US DealsA statement from

Bloomberg86d agoneutral
Uber Boosts Stake in Delivery Hero, Says No Takeover for Now

(Bloomberg) -- Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions to counter competition from DoorDash Inc. outside the US.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and Xi

Investing.com94d agoneutral
Morgan Stanley outlines 5 key themes across the gig economy

Investing.com -- Morgan Stanley identified five thematic trends across the gig economy following simultaneous earnings from DoorDash Inc (NASDAQ:DASH), Uber Technologies Inc (NYSE:UBER) and Instacart (NASDAQ:CART), while raising its Snap price target 8% to $7.