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FOOD DELIVERY MERGER
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...- PVR Inox shares tumble 14% in four months while Dhurandhar films earn over Rs 2,000 crore: What's spooking investors?Despite the massive success of the 'Dhurandhar' film franchise, which has grossed over Rs 2,000 crore, PVR Inox shares have seen a signific...
- Oracle layoffs hit India hard; Qcomm apps print ad moneyIndia bore the brunt of Oracle’s latest global layoffs amid rising automation. This and more in today’s ETtech Top 5.
- US Stocks: US food giant Sysco strikes $29 billion deal for catering supplier Restaurant Depot; shares drop 12%Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29 billion deal, including debt, expanding the top U.S. f...
- Grab eyes upto $2 billion loan to support possible GoTo acquisition: ReportUS-listed ride-hailing and food delivery firm is also considering a bond or equity take-out after securing the bridge loan, the report adde...
- Grab shares crash as revenue plunges on promotions, driver incentivesShares of Grab, which was reporting its first quarterly earnings since going public in December, skidded to their lowest ever. They have lo...
- Gojek, Tokopedia merge in Indonesia's biggest dealThe combined entity, which will span online shopping, courier services, ride-hailing, food delivery and other services in Southeast Asia's ...
- Singapore's Grab to go public in world's biggest $40 bn SPAC mergerThe merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the ...
- Singapore's Grab to go public in world's biggest $40 billion SPAC mergerThe merger, the biggest blank-check company deal ever, underscores the frenzy on Wall Street as shell firms have raised $99 billion in the ...
- Gojek, Tokopedia seek shareholders' approval for proposed merger dealA GoJek-Tokopedia merger deal, previously estimated at $18 billion, would create a technology powerhouse offering online shopping, courier ...
- Southeast Asia's Grab considering US IPO this yearThe IPO could raise at least $2 billion, one of the sources said, which would likely make it the largest overseas share offering by a South...
- Current economic scenario in India as well as global markets is challenging: ChandrasekaranAddressing shareholders at the first annual general meeting of the company which has been formed after the merger of Tata Global Beverages ...
- Swiggy, UberEats can’t tally numbers for a dealFood delivery firms fail to agree on financial terms and taxation clauses of proposed deal; merger talks on hold
- SoftBank now in talks to put Zomato on its menuSoftBank is the largest shareholder in cab hailing applications Ola and Uber, both of which acquired and launched food delivery services la...
- Food delivery companies look for the faster route homeIndustry experts believe, 2018 will see aggregators go the whole mile to further bump up volumes by plugging supply gaps as also adopt cost...
- Naspers may partner Tencent to deliver $200 million to SwiggyThe development comes shortly after Japan’s SoftBank dropped out of talks to invest $200-250 million in Swiggy for a significant minority s...
- Potential merger of Zomato and Swiggy on the cards?While Zomato has proposed a stock-based merger, Bengaluru-based Swiggy is keen to acquire and operate the food delivery business of the Gur...
- UberEATS and Zomato in talks to acquire RunnrBoth UberEATS and Zomato have given a term sheet to Runnr, where the offer from US-based cab-hailing application is pegged to be higher, sa...
- Last-mile delivery firms turn focus on non-food segments, working with ecommerce companiesAccording to experts, the last-mile delivery players are moving towards an equal mix of food deliveries and on-demand in this scenario.
- Logistics services provider Parsel merges with Accord Ecom SolutionsParsel has merged with year-old Accord Ecom Solutions, a third-party logistics provider in a deal that marks growing consolidation in the f...
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