Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC

2 Dec

November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian focused payment ventures. That is equivalent to roughly one-third of all the startup VC raised for the entire continent in 2018, according to Partech stats. A notable trend-within-the-trend is […]

Inside Prosus Ventures’ $4.5 billion bet on India

23 Nov

Prosus Ventures last week filed a hostile offer for British food delivery startup Just Eat, an attempt to defeat a unanimous rejection from its board and simultaneously fend off a bid from rival Takeaway. The giant Naspers spinoff said it was willing to pay as much as $6.3 billion in cash to lure Just Eat, […]

India’s Swiggy bets big on cloud kitchens

20 Nov

Can cloud kitchens take off in India? Swiggy, one of the country’s largest food delivery startups, is betting on it. The Prosus Ventures-backed startup said on Wednesday it has established 1,000 cloud kitchens for its restaurant partners in the country. The Bangalore-headquartered firm said it has invested in over a million square feet of real […]

DoorDash tipping practices prompts lawsuit from DC Attorney General

19 Nov

DoorDash is facing a new lawsuit regarding its tipping practices. This time, it’s coming from Washington, D.C. Attorney General Karl Racine. In the suit, Racine accuses DoorDash of engaging in deceptive tipping practices while also failing to provide any relief to workers whose tips were taken. Racine’s office first opened an investigation into DoorDash’s practices […]

Deliveroo launches food orders for pick up

11 Nov

Don’t Deliveroo . The UK-based on-demand food delivery service has expanded into not actually delivering orders by offering users a pick-up option, called ‘Pickup’, as an alternative to paying a delivery fee and waiting in for lunch to arrive. The new ‘click & collection’ service is live for 700+ eateries in 13 UK cities at […]

Uber is entering the ads business

6 Nov

Uber will become an ad platform, selling space inside its Eats app to restaurants hoping to lure in more food delivery orders. A recent Uber job listing spotted by TechCrunch seeks an Uber Eats Ads Lead “to lead the team and efforts responsible for creating a new ads business that enables eaters to discover new […]

Here’s what the Uber Eats delivery drone looks like

28 Oct

Uber has unveiled more details about its plans for Eats delivery via drones. If all goes according to Uber’s plan, it will start flying its first drone model before the end of the year. Uber’s design, which it unveiled at the Forbes 30 under 30 Summit today, is made to carry up to one meal […]

Uber is testing selling foodie experiences via Uber Eats

26 Oct

Uber is selling foodie experiences such as cooking classes and multi-course fine dining in its on-demand food delivery app, Uber Eats, under a new Moments tab, per Forbes, which reports on a small-scale test currently running in San Francisco. It says Uber Eats users in the city have received an email saying they can book […]

Naspers Foundry is open for South African startup pitches, CEO says

24 Oct

Naspers’ 1.4 billion rand (≈$100 million) VC fund to support South African startups — Naspers Foundry — is accepting pitches, after making its first investment in online cleaning services company SweepSouth. The funding initiative also has a new leader, Phuthi Mahanyele-Dabengwa, who joined Naspers in July as a CEO reporting to Group CEO of Naspers, […]

Pizza Hut is testing Zume’s compostable round boxes

22 Oct

Pizza Hut this morning announced plans to pilot Zume’s signature round pizza boxes. Testing for now will be extremely limited — in fact, it’s only happening at a single location in Phoenix, Ariz. The boxes are one of a number of different technologies being pushed by the SF Bay startup. In fact, my recent conversation […]

Hotdoggers drive Wienermobile

22 Jan

Watching the Oscar Meyer Wienermobile go down the street is something that will catch your eye.  The first Wienermobile was created in 1936 by Karl Mayer, nephew of Oscar Mayer, founder of the company.  There are six Wienermobiles that crisscross the&#…