Ex-Deliveroo exec Dan Warne on launching a food business amid COVID-19 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Why an early exec quit unicorn food delivery startup Deliveroo to launch a food business in the middle of a pandemic

A former Deliveroo exec has launched a market food hall startup in the middle of COVID-19.

Given continued public health concerns around the coronavirus pandemic, it might be unwise to open a new food business right now. Over the five years Warne spent as Deliveroo's managing director, he helped to grow the startup into a tech unicorn worth billions. Deliveroo in 2019 raised $575 million in a funding round led by Amazon, and one source close to the food delivery startup estimates its valuation at more than $3 billion.

Sessions will provide all the digital and capital infrastructure in exchange for a commission, so that the restaurants don't have to invest anything upfront. To comply with social distancing measures, customers will be able to order takeaway food from outside via an app, or served at the tables inside by staff.

"We obsessed about customer data at Deliveroo," said Warne. In the restaurant industry, "of course they're obsessed by the customer, but they don't have the data to really model that customer behavior in quite the same way".He hopes to track customers on the platform — from how they were acquired to what, where, and how they consume.

He also hopes his experience helping to grow Deliveroo into a unicorn tech platform will help him to scale his new startup.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boohoo defends itself after report into its suppliers' COVID-19 risks - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Is big fashion worth it anymore? FerMoncayo Boohoo? Sorta fits.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The US breaks April COVID-19 daily record 4 times in 7 days: CDC - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. from mainly 4 states In my opinion it was probably China who has the record but we’re definitely not perfect Why not talk about deaths?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Report: Peter Thiel cutting Trump loose because of COVID-19 crisis - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. So what is the alternative Biden and Democrats! Fake news Im very sure the man is for Trump!!! Then he's a fool. Guys it's not cuz Trump is evil to him, it's cuz Trump isn't evil enough.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Coronavirus: UK puts US on travel ban list due to COVID-19 surge - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. With the raise of this pandemic across the world, its for sure its a biowar. 2020, will end with more lives than expected. Natural calamity is high, floods, earthquakes, flu, terrorism, rapes, murder, you name it.....every country has something to accept. Whatever, to accept! I've been waiting for you, Obi-Wan. We meet again, at last. The circle is now complete. When I met you I was but the learner. Now, *I* am the master. America first, indeed...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Airlines are proving that COVID-19 won't render middle seats obsolete - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That human Pringle’s can is the one place masks should always be worn.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Donald Trump Jr.'s girlfriend Kimberly Guilfoyle tests positive for COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Womp womp. The mistress tested positive. Seems fitting. Who cares, Trump still winning 2020
Source: BusinessInsider - 🏆 729. / 51 Read more »