Nov 13, 2019

A food fight is taking place for Europe's delivery market

Illustration: Sarah Grillo/Axios

The fight for Europe's food delivery market — between players like Just Eat, Takeaway.com and Prosus — is beginning to look like a trust fall.

Why it matters: Their interactions reflect how many in the on-demand delivery space view consolidation as key to profitability and, in turn, long-term viability. What's now taking place in Europe will soon be exported to the U.S.

What's happening:

  • Takeaway.com says it won't raise its $5.5 billion offer for Just Eat, despite a $6.3 billion unsolicited bid from Prosus, the Dutch conglomerate controlled by Naspers.
  • Takeaway is betting that Just Eat will continue to use a synergy shield to swat away Prosus, as it has done so far, and eventually persuade some dissident shareholders.
  • Prosus, meanwhile, is resting on its bank account. And could even increase its existing bid, to make Takeaway's offer look even smaller.

Go deeper:

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Competition is getting fierce in food delivery

Data: YouGov; Chart: Axios Visuals

Food delivery apps look to have found a sweet spot as data shows more than a quarter (27%) of Americans spend up to $50 each month on delivery.

The big picture: Competition among delivery companies is getting serious as more sign exclusive agreements with restaurants, closing the door on competition.

Go deeperArrowDec 6, 2019

DHL to introduce zero-emission electric delivery vans in U.S. in 2020

The DHL StreetScooter in Bonn, Germany in May. Photo: Rolf Vennenbernd/picture alliance via Getty Images

Global shipper DHL will begin rolling out its zero-emission StreetScooter electric vehicle fleet in the U.S. next spring, as the firm works to reduce greenhouse gas emissions, Reuters reported Monday.

Why it matters: Per the United Nations' Intergovernmental Panel on Climate Change, the transportation industry contributed to 14% of global greenhouse gas emissions in 2010 — and many delivery companies are working to get cleaner and greener by using electric vehicles.

Go deeperArrowNov 26, 2019

Target, Amazon race for same-day shipping

Data: FactSet; Chart: Axios Visuals

Target and Amazon have different approaches to appease impatient customers who want same-day delivery.

The big picture: Target wants to fill more orders from its store inventory, which is cheaper than fulfillment centers. When it comes to same-day shipping, CEO Brian Cornell told CNBC yesterday that “90% of the cost goes away” when customers order online and pick up at a store, use curbside pickup or select shipping via Shipt for same-day delivery.

Go deeperArrowNov 21, 2019