Online restaurant delivery services surged in popularity during the pandemic. Here is the latest data.
Uber Eats
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Uber buys alcohol delivery service Drizly for $1.1 billion in a stock and cash deal, further expanding Uber’s revenue and service mix.
Last week Uber announced that an investment firm was buying a $500 million stake in Uber Freight, the company’s logistics division.
Food delivery services like DoorDash and Grubhub are making merger moves while stepping up their game during the COVID-19 pandemic.
Food delivery service DoorDash has raised $400 million in additional capital from new investors, bringing the company’s valuation to just under $16 billion.
As the coronavirus pandemic continues, more subscription companies are hopping on the bandwagon to make working from home and social distancing a bit easier.
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