May 24, 2019
Why Luckin’s ultimate target may not be Starbucks
Starbucks plans to double its store count in China to 5,000 in 2021 and Luckin, a one-year-old coffee startup, is matching up by aiming to reach 4,500 by…
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Category: <span>food</span>
Practical computer-repair, security, maintenance, and small-business IT information from 1010Computers.
May 23, 2019
DoorDash, now valued at $12.6B, shoots for the moon
More than five years ago, Sequoia partner Alfred Lin called Tony Xu, the founder of a small on-demand delivery startup called DoorDash, to say he was passing on…
Read articleMay 22, 2019
Nectar’s sonar bottle caps could save $50B in stolen booze
Bars lose 20% of their alcohol to overpours and “free” drinks for friends. That amounts to $50 billion per year in booze that mysteriously disappears, making life tough…
Read articleMay 22, 2019
Leak reveals Uber’s $9.99 unlimited delivery Eats Pass
What’s the cord-cutting equivalent to ditching your kitchen? Uber’s upcoming subscription to unlimited free food delivery. Uber is preparing to launch the $9.99 per month Uber Eats Pass,…
Read articleMay 21, 2019
As meal-kit melee stretches on, Sun Basket whips up $30M Series E
Sun Basket, a provider of a healthy meal kit delivery service, has raised another $30 million in venture capital funding. The round, led by PivotNorth Capital, brings the…
Read articleMay 21, 2019
Generation closes $1B growth fund targeting sustainable startups
Generation Investment Management, the firm co-founded by environmentalist and former Vice President Al Gore, was built on the premise of backing sustainable startups. Now, as the idea of…
Read articleMay 11, 2019
India’s most popular services are becoming super apps
Truecaller, an app that helps users screen strangers and robocallers, will soon allow users in India, its largest market, to borrow up to a few hundred dollars. The…
Read articleMay 10, 2019
Singapore’s Grain, a profitable food delivery startup, pulls in $10M for expansion
Cloud kitchens are the big thing in food delivery, with ex-Uber CEO Travis Kalanick’s new business one contender in that space, with Asia, and particularly Southeast Asia, a…
Read articleMay 6, 2019
Grocery startup BigBasket becomes India’s newest unicorn with new $150M investment
India has a new unicorn after BigBasket, a startup that delivers groceries and perishables across the country, raised $150 million for its fight against rivals Walmart’s Flipkart, Amazon…
Read articleApril 30, 2019
SoftBank makes a huge bet on Latin America
Rappi represents a new era for Latin American technology startups. Based in Bogotá, Colombia, the on-demand delivery startup has taken the region by storm, attracting a record amount…
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