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FOOD DELIVERY INDUSTRY CONSOLIDATION
Uber to gobble up Delivery Hero in latest food delivery dealThe German firm operates in over 60 markets worldwide and has expanded beyond its traditional food business to "quick commerce", delivering...- Global Market: European shares edge lower as earnings, M&A activity offset by Middle East tensionsEuropean shares traded slightly lower as investors assessed corporate earnings and merger news. Geopolitical tensions in the Middle East ke...
- Mrs Bectors Food soars 11% after Sunil Singhania's Abakkus acquires 29.4 lakh shares via block dealMrs Bectors Food shares surged sharply on Thursday after Sunil Singhania-led Abakkus Investment Managers acquired 29.4 lakh shares through ...
- Uber nears €12.5 billion deal to acquire Delivery HeroAcquiring Delivery Hero, which has a market value of roughly €11.6 billion, would expand the Uber Eats food-delivery network in Europe, the...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevate...
- Upmarket invasion: How India's quick commerce giants are crowding out specialist gourmet playersIndian quick-commerce platforms are now targeting affluent households with premium products. This strategic shift aims to improve profitabi...
- FSSAI crackdown serves food for thought as packaged food makers seek clearer rulesIn a bid to strengthen consumer protection, India's food regulatory body is intensifying efforts against packaged food companies. The lack ...
- Delivery Hero confirms negotiations on possible acquisition by UberDelivery Hero said the potential offer would be made to all of its shareholders and that it would not comment on speculation regarding an...
- Uber in advanced talks on Delivery Hero takeover, Bloomberg News reportsUber is reportedly in advanced acquisition talks with Delivery Hero. An agreement could be reached as soon as this week. The deal would lik...
- LML Realty to invest Rs 250 cr to develop 45-acre industrial park in HaryanaLML Realty is set to launch a state-of-the-art industrial park in Haryana, with a substantial investment of Rs 250 crore aimed at supportin...
- Bengaluru Flipkart delivery agent arrested after entering woman's flat: Man says he urgently needed to use the washroom; woman alleges he flashed her after entering without permissionBengaluru Flipkart delivery agent arrested: A 22-year-old Flipkart delivery agent has been arrested in Bengaluru after a woman alleged he f...
- The Rs 200 meal is the new battleground for Swiggy, Zomato and other food delivery companiesFood delivery companies are adapting strategies to attract everyday officegoers. Swiggy and Zomato offer value meals and targeted discounts...
- Swiggy, Eternal shares jump up to 20% in one month. Should you buy or avoid?Swiggy and Eternal shares have seen significant gains recently. Swiggy's domestic ownership crossing fifty percent boosted investor confide...
- ETtech Explainer: Why quick commerce business models are under scrutinyUnder India’s foreign direct investment (FDI) rules, companies with a majority foreign ownership can only operate on a marketplace model. I...
- ‘Changing someone's life does not take millions of rupees’: How one ordinary food delivery encounter became a powerful story of kindnessA delivery executive's distress prompted X-user Ankit Pandey to offer unexpected help. He learned the man's mother was critically ill after...
- Swiggy Instamart gets 9 FSSAI notices following customer complaints on contaminated food, milkIndia's food regulator, FSSAI, issued nine notices to Swiggy Instamart. These notices followed multiple consumer complaints alleging unsafe...
- Swiggy resolves FSSAI licence issue linked to subsidiary Toing; says no food safety riskSwiggy said it has resolved an FSSAI licence-related issue concerning its food ordering and delivery platform Toing after updating licence ...
- India's food services market to reach $50 billion by FY31, online share to rise to 18%: ReportIndia's food services market is set to reach USD 150 billion by FY31. Online food delivery will capture an increasing market share, rising ...
- India eats 4 lakh rotis on trains as Swiggy's rail food orders triple in Q1FY27Swiggy's rail food delivery saw threefold growth in the last quarter. Indian train travelers ordered over four lakh rotis during the summer...
- Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal: ReportUber no longer plans to launch food delivery in five of the seven countries it had targeted for expansion this year, including Austria, Nor...
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