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Delivery Hero: Strong quarter results

Delivery Hero: Strong quarter results

Delivery Hero has released its latest financial results for the first quarter of 2024, with a “strong top-line performance.” The gross merchandise value grew by 8% year-on-year (YoY) and peaked at a double-digit revenue growth of 21% YoY. Delivery Hero believes this confirms that its strategy to focus on “profitable

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Baltimore update: Container ships begin to call at port

Baltimore update: Container ships begin to call at port

The Port of Baltimore has announced container ships have begun to call at port following the bridge collapse last month. Shippers will be breathing a sigh of relief.  The Francis Scott Key Bridge on the Patapsco River in Baltimore was the scene of a maritime accident after a vessel, Dali,

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Zomato makes space for larger orders on its electric bikes

Zomato makes space for larger orders on its electric bikes

Zomato can now handle larger orders catering for parties or events where the food delivery order exceeds the regular delivery space’s capacity. The electric fleet, explicitly designed for orders of gathering up to 50 people, is a game changer.  In the past, Zomato used fleet delivery partners to fulfill the

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Getir retreats from European markets amid economic challenges

Getir retreats from European markets amid economic challenges

It’s a tough economic situation for food delivery companies, and Getir has called it a day in Europe. It confirmed its leaving the UK, Germany, the Netherlands, and FreshDirect, the US subsidiary of Getir, will however continue its operations. By mid-May, the fast delivery company will have ceased operations in

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Pickup launches France’s first solar-powered parcel lockers

Pickup launches France’s first solar-powered parcel lockers

French parcel locker company Pickup (a subsidiary of La Poste Group) has launched parcel lockers powered by solar energy.  Pickup’s president, Maxime d’Hauteville says creating autonomous energy lockers with solar panels helps businesses carry out their energy transition. This is being done to participate in the common effort in favor

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