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Uber, Grubhub merger would scramble food delivery platforms

Payments Dive

A proposed merger between Uber and Grubhub would have profound implications on an already hyper-competitive food delivery industry in the U.S., potentially putting added pressure on small, independent restaurants.

Industry 418
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Amazon Merger Brought Tech Changes, Whole Foods CEO Says

PYMNTS

Whole Foods CEO John Mackey said the company's merger with Amazon has been enabling the grocery retailer to "think long term," Bloomberg reported. They’re making investments in technology for Whole Foods that I think will be transformative. Whole Foods was sold to Amazon in 2017 for $13.7 And the answer is yes.

US 274
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PayPal Launches iZettle Food & Drink In The UK

PYMNTS

PayPal has launched its iZettle Food & Drink app, the point of sale (POS) platform for iOS to support food and drinks service in the U.K. England’s food and drink sector was one of the hardest hit by lockdowns. The feature can be used to adjust any change in the tax rate charged on food and non-alcoholic beverages.

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Afresh Raises $13M For Fresh Food Management Technology

PYMNTS

Afresh Technologies has raised $13 million in a Series A extension round to expand its fresh food management technology that helps grocers reduce food waste. The round was led by Food Retail Ventures and joined by existing investors Innovation Endeavors , Maersk Growth , and Baseline Ventures.

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The Explosion of the US Food and Grocery Industry During COVID-19

Perficient

The US ecommerce food and grocery industry is growing at an accelerated rate as a result of the COVID-19 crisis. What does that mean for other businesses in the food and grocery industry? Even in trying times, opportunity presents itself to those that are vigilant and watchful.

Industry 309
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Pet Food Sales Spike During Coronavirus Scare

PYMNTS

The coronavirus crisis has caused a spike in pet food sales as people are panic buying food for their pets, according to a report by CNN. Pet food has joined the ranks of toilet paper and hand sanitizer as must-have items as people stock up to make sure that their pets are fed during the pandemic. .

Retail 191
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Pandemic Pricing Prompts Lawsuit Against Food Delivery Apps 

PYMNTS

Food delivery apps GrubHub, DoorDash, Postmates and Uber Eats were named in a class-action lawsuit filed in Manhattan federal court that alleges price gouging during the coronavirus pandemic as well as before. She added that said she should not be “paying more for my food” to protect apps.