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Brief: McDonald’s pledges net zero emissions by 2050 targeting beef supply to energy sources
The fast food retailer will work with the Science Based Targets initiative to adjust its current emissions-reduction strategy across its business.
The fast food retailer will work with the Science Based Targets initiative to adjust its current emissions-reduction strategy across its business.
The Jakarta-based company says it wants to become “the leader in creating delivery-first food and beverage brands in Southeast Asia.”
The Kenyan startup is hoping its inventory management app can digitalize supply chains and mitigate financing challenges for food businesses across Africa.
Zomato, which competes for the mantle of India’s top food delivery app with rival Swiggy, is reportedly valued at $12.2 billion post-IPO.
It’s taking aim at food waste by helping restaurant suppliers move expiring items more quickly.
The Series C round marks the first UAE investment out of SoftBank’s Vision Fund II.
The tech-enabled ‘grab n’ go’ restaurant was valued at $1.5 billion at the time of its last publicly announced funding round in September 2019.
Gojek edges Singapore-based rival Grab – which is in the midst of its own $40 billion SPAC merger – as Indonesia’s most popular food delivery app.
The GROW Impact Accelerator’s new cohort has been picked from over 270 applicants hailing from 58 countries. Seven out of the 10 teams have female founders.
Uber is set to announce its Q1 results this week as it continues the hunt for profitability by focusing on its core businesses: transport and food delivery.
Zomato, which was founded in 2008, has raised a total of $2.1 billion to date from the likes of Ant Financial, Temasek, and Sequoia Capital.
Eat Just will sell its cell-cultured chicken meat via takeaway orders in Singapore thanks to a partnership with delivery app Foodpanda.
The Singapore-based app claims to be the category leader for online food delivery, ride-hailing, and digital payments in Southeast Asia.
The proposed deal would value Grab at around $35 billion and could complete as soon as this week, according to people familiar with the matter.
Swiggy also secured investment from sovereign wealth funds Qatar Investment Authority and Singapore’s GIC, according to an internal memo.
The Spanish ‘q-commerce’ app delivers takeout meals, groceries, and other items on demand to more than 10 million users across 20 European countries.
The UK-based food delivery app saw its share price nosedive by as much as 30% during its first day of trading on the London Stock Exchange yesterday.
We’re on Clubhouse and a new regular show we’re particularly excited about is the Future Food News Review, featuring leading journalists in foodtech and agtech discussing their top headlines of the week. Find out about last week here!
The San Diego-based startup is digitalizing the meal preparation business so that smaller players can streamlime operations, cut inefficiencies, and boost profits.
It’s environmentally clean, growing at double digits, and able to increase the convenience of doorstep grocery delivery, writes Manuel Gonzalez.