Category Food

Blue Apron on Its IPO Screw-Up at Codecommerce

Since Groupon has there not been a similarly botched IPO as we witnessed this year with Blue Apron. The meal-kit company wanted to go public for $3 billion, went actually public for $2 billion and today is worth $1 billion. At this week’s Code Commerce conference, Blue Apron founder Matt Salzberg talked about this and […]

Amazon Fresh

Amazon Is Working on Refrigeration-Free Prepared Meals for Amazon Fresh

TechCrunch: Amazon is looking at using tech originally designed for the military to create meals that are ready for consumption that don’t require any refrigeration. This would help make them much easier to manage from an inventory and logistics standpoint, since warehousing and transportation needs would be far less complex, Reuters reports. Amazon’s difficulties in cracking […]

What People are saying About Blue Apron’s Q2 Results

Blue Apron’s stock is down 15% right now. Bloomberg on why: In its first earnings report as a public company, Blue Apron managed to beat analysts’ estimates on revenue, but that was the only good news. Having failed to raise as much as expected in its IPO, the company cut deep into the marketing budget. […]

China’s Hottest Internet Sector Is Food Delivery

Last week, we reported that Ele.me is in talks to merge with Baidu’s Waimai. This would create a giant in the space. Ele.me already has 28 million monthly active users as of May. Here is Bloomberg with the market context: The population of people who rang up meals from phones and computers surged 41.6 percent […]

Amazon’s Meal-Kits Are Better Than Blue Apron’s in This One Important Dimension

When we looked in detail at Amazon’s meal-kits compared to Blue Apron and HelloFresh we briefly pointed to Amazon’s own meal-kits being prepared in a more advanced manner. This is a big deal and worth pointing out separately. Business Insider on this very topic: HelloFresh and Blue Apron have their advantages. The HelloFresh meal of […]

Alibaba Leads $300M Round in Yiguo, China’s Largest B2C Food Marketplace

Alibaba is, again, investing in Yiguo. The newest $300 million round, led by Alibaba, is the fourth round Alibaba is investing with into Yiguo. From Alibaba’s Alizila Magazine: Alibaba Group said Thursday it led a $300 million, D-round investment in Yiguo.com, China’s largest B2C fresh produce online marketplace. Yiguo delivers perishable goods, such as fruits, […]

A Chinese Food Delivery Giant in the Making: Ele.Me in Talks to Merge With Baidu Waimai

Ele.me is China’s largest food delivery service, and the company is about to get significantly larger soon. China Money Network: As of last December Ele.me and Baidu Waimai were ranked as the first and third largest food delivery apps in China, with 36.5% and 17.3% market shares respectively. Meituan Waimai was ranked second with 33%, […]