food logistics

GrubMarket secures mouthwatering $200 million Series E raise

Food technology unicorn GrubMarket secures $200 million Series E funding to fix broken food supply chains

Tyson Foods was right –– food supply chains are breaking. In many grocery stores, the shelves are as bare as they were during the early pandemic stockpiling frenzy. At the same time, world food prices hit a 10-year high in October, according to the Food and Agriculture Organization’s food price index.

The problems within the food supply chain extend from sourcing to delivery and everywhere in between, resulting in shortages and price hikes that are impacting millions of Americans that rely on...

https://www.freightwaves.com/news/grubmarket-secures-mouthwatering-200-million-series-e-raise

GrubMarket makes yet another acquisition, but this one is different

GrubMarket acquires Oakwood Transportation to expand food supply chain through logistics and trucking capability

Thirty. That’s the number of acquisitions food tech unicorn GrubMarket has completed since the beginning of 2019, and the company is only picking up the pace. One-third of those acquisitions have taken place since June of this year, an incredible number that’s growing larger by the month.

That includes this month, when GrubMarket announced its 31st acquisition since 2019, buying Oakwood Transportation for an undisclosed amount. At first glance, the purchase might seem like just another addition...

https://www.freightwaves.com/news/grubmarket-makes-yet-another-acquisition-but-this-one-is-different

A tale of 2 food apps: Uber Eats grows, DoorDash finds new verticals

Uber Eats and DoorDash go different directions in Q3 after earnings releases

There’s nothing quite like having your lunch delivered to your doorstep by Uber Eats — except having your lunch delivered to your doorstep by DoorDash. The two longtime food delivery rivals have been at each other’s throats for years, competing to cement themselves as the primary option for consumers in the U.S. and abroad.

So far, Uber Eats has won the global battle –– it’s available on six continents and is first or second in gross orders in just about every country in which it operates ––...

https://www.freightwaves.com/news/a-tale-of-2-food-apps-uber-eats-grows-doordash-finds-new-verticals