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MEAL DELIVERY FIRM
Iran war: Fuel price surge squeezes dairy, poultry value chainsIndustry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins a...- Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
- Udaan’s pre-IPO top-up; Tata’s Assam chip hub test runHappy Monday! Udaan is in talks to raise fresh funds amid IPO talks. This and more in today's ETtech Morning Dispatch.
- Eternal targets $20 billion in B2C NOV by FY28; $1 billion in adjusted Ebitda by FY29: Deepinder GoyalFood and grocery delivery firm Eternal has surpassed $10 billion in annual net order value from its B2C operations, a milestone achieved af...
- They didn’t force anyone, yet attendance spiked 57%: How AI firm ditched strict rules to bring employees back to officeAn AI company, Superhuman, has seen a significant increase in office attendance. This rise follows the introduction of wellness stipends an...
- Rupee slide boosts IT; Gupshup’s valuation markdownThe rupee’s sharp slide could give IT firms a surprise Q4 bump. This and more in today’s ETtech Top 5.
- Labour shortage fears hit industry amid war, Holi, Ramadan disruptionsIndian industries are experiencing a significant worker shortage. This is driven by a combination of factors including a global LPG crisis ...
- Deliveroo CEO Will Shu to step down after DoorDash takeoverDeliveroo's founder and CEO, Will Shu, will resign following the company's acquisition by DoorDash, a U.S. competitor. The deal, valued at ...
- DoorDash to acquire UK's Deliveroo in $3.9 billion dealDoorDash said on Tuesday it will acquire British meal delivery company Deliveroo for 2.9 billion pounds ($3.85 billion), as the US online d...
- DoorDash makes a $3.6 billion offer to buy British meal delivery company DeliverooBritish meal delivery company Deliveroo confirmed on Friday that it received a proposal from DoorDash on April 5 to buy all of its shares f...
- Food delivery company Grubhub to cut 500 jobsAs of 2024, Grubhub had more than 2,200 full-time employees. The layoffs represent more than 20% of the company's workforce. Earlier, Grubh...
- Zomato launches 15-minute food delivery offeringThe service, covering restaurants in a limited radius of 1.5-2 km, has so far been rolled out only across a few regions. According to sourc...
- The pain after the gain: grocery deliverers reshuffle after lockdown boomAs the COVID-19 pandemic kept consumers behind closed doors, investors poured billions into "quick commerce" grocery firms that pledged to ...
- What's for dinner? 48% Indians opt to order-in, say it's more economical than hiring a cook at homeThe top reasons for people ordering-in include convenience, breaking the monotony and celebrating a special occasion.
- Swiggy customers can now pay through Sodexo meal cardsSodexo has been consistently partnering with tech startups in India to transition to the digital era within the December 31 deadline set by...
- Zomato invests in meal delivery firm TinmenZomato is working on a bunch of tech-led initiatives to build better accessibility to great and hygienic food for its users, he added.
- Funds to help TinMen serveThe firm plans to use the funds raised for marketing, building the team and expanding services to other cities.
- Startups: Home delivery of products, services grow with increasing usage of appsHome delivery of products, services and increasing usage of mobile phones and messaging apps such as WhatsApp is prompting several startups...
- Incubator Ant Farm acquires Meals on Wheels, deal values at Rs 11-14 croreAccording to Khiani, Meals on Wheels will also enter other categories including electronics, groceries and other essential products.
- Oilmeal exports may be hit as bird flu strikes S KoreaThe latest outbreak of bird flu in South Korea and rising human deaths in Indonesia due to the virus has raised fears about large-scale cul...
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