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Maple, a New York City-based startup that delivered healthy meals, has shut down its operations and sold its tech assets to Deliveroo, a big European food delivery startup. As part of the deal, Maple's C-suite executives (likely along with other company employees) will join Deliveroo's team in London.

Pedigree: Maple was initially backed by Momofuko chef David Chang, but Chang would later help launch a rival meal delivery service called Ando. After raising a $26 million Series A round in 2015, Maple was valued at around $115 million.

Tough job: Meal delivery startups have been cropping up in the last few years, but it's a challenging business that involves complex labor operations, perishable goods, and tricky forecasting. Many have struggled ― including Munchery and SpoonRocket ― while Postmates and DoorDash had to settle with modest valuations during their recent funding rounds. Leaked financial docs from December revealed a business with tough margins, making Monday's news not much of a surprise.

Go deeper

13 mins ago - World

Honduras elects first female president

Honduran President-elect Xiomara Castro, of the Libertad y Refundacion (Libre) Party, in Tegucigalpa, Honduras, on Sunday. Photo: Inti Ocon/Getty Images

Former Honduras first lady Xiomara Castro is set to become the country's first female president president, after the ruling party conceded defeat in the country's elections on Tuesday night, per AP.

Why it matters: The democratic socialist and her Libre Party have broken a 12-year run for the conservative National Party, which U.S. prosecutors alleged fostered a "narco-state," note Axios' Latinos' Marina E. Franco and Russell Contreras.

Food delivery "ghost kitchens" face major obstacles

Photo: Jakub Porzycki/NurPhoto via Getty Images

The growing popularity of food delivery has given rise to startups that open "ghost kitchens" — kitchens in warehouses or trailers that prepare food solely for delivery and have no option to dine in.

  • But they can come with a whole host of problems.

The big picture: The concept of "ghost kitchens" has been dubbed the next big thing in the future of services, with high profile backers like Uber founder Travis Kalanick. But these kitchens can be hard to run or unsafe.

4 hours ago - Health

Federal judge blocks Biden vaccine mandate for health workers

President Biden delivers remarks on the Omicron COVID-19 variant at the White House on Nov. 29. Photo: Anna Moneymaker via Getty Images

A federal judge on Tuesday blocked the Biden administration from enforcing a coronavirus vaccine mandate for health care workers at federally funded facilities nationwide.

The big picture: The order comes one day after a federal judge in Missouri halted the mandate, which has a Jan. 4 deadline, in 10 states.