Product update

• DoorDash tested Dash AI, an AI-powered chatbot, in select markets. DoorDash expects the technology to expedite the ordering process and enable customers to receive personalized restaurant recommendations by using simple text prompts. (June 29, 2023; FW )

Partnership

• Uber Eats partnered with British multinational pizza restaurant chain PizzaExpress to launch a delivery platform for PizzaExpress products. (July 04, 2023; Restuarantonline )

• Deliveroo partnered with Ad-MOTO, a company that designs ads for delivery vehicles, to turn 200 e-scooters into digital advertising displays. (July 07, 2023; Sky.com )

Industry news

• DoorDash and Grubhub jointly filed a lawsuit to the Supreme Court of the State of New York against the city's new minimum wage law, alleging that the law would damage their businesses and harm delivery workers. (July 07, 2023; WSJ )

Earnings 

• Just Eat Takeaway reported a 6.9% YoY drop in the revenue in 1H 2023 to EUR 2.58 billion. It reported an EBITDA of EUR 143 million compared to a loss of EUR 134 million in H1 2022. The company expects the YoY GTV growth for the year to be in the range of -4% to +2%. (July 26, 2023; Press release )

M&A

• Delivery Hero has acquired the remaining 37% stake in HungerStation, a Saudi Arabia-based food delivery aggregator, for USD 297 million. (July 21, 2023, Press release )

Funding

• Incentivio , Massachusetts-based developer of integrated order management solutions has raised USD 10 million in a Series A round led by Osage Venture Partners, with participation from Ardent Venture Partners and Grotech Ventures. (17 May, 2023, Press release )