Delivering the goods: capitalising on the growth of ecommerce
Covid-19 has led to growing demand for online grocery shopping worldwide and it’s widely expected some of that will stick once the virus subsides. Dean Best looks at how can...
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Buffet restaurant chain Cici’s declares bankruptcy as pandemic strain finances
US-based buffet restaurant chain Cici’s Pizza has reportedly filed for bankruptcy after its finances were hit by the Covid-19 pandemic.…
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Indian food delivery start-up Zomato may raise funds through IPO
India-based food delivery start-up Zomato is likely to raise $750m to $1bn through initial public offering (IPO). The amount is likely to be raised without…
HungerRush launches AI-driven text-to-order solution for restaurants
HungerRush, a restaurant management system provider, has launched an artificial intelligence (AI)-driven text-to-order solution to help restaurant chains boost growth. HungerRush TextAI is the latest…
Tim Hortons China raises funds to accelerate growth
Private equity firm Cartesian Capital Group’s portfolio company Tim Hortons China (Tims China) has raised funds through a further round…
Wix acquires ordering technology provider SpeedETab
Wix, a New York, US-based software as a service (SaaS) platform for creating and managing online presence for restaurants, has…
Saudi Arabian fast-food chain Herfy expands footprint in Bangladesh
Saudi Arabian fast-food chain Herfy Food Services Company has expanded its presence in Bangladesh with the launch of its fifth…
McDonald’s considers partial sale of AI start-up Dynamic Yield
US burger chain McDonald's is considering the partial sale of its artificial intelligence (AI) start-up Dynamic Yield, which specialises in…
Expert Commentary & Analysis
View MoreWolt raises $500m as appetite for food delivery grows
Finnish food delivery platform Wolt has reportedly raised $500m from global investor group, highlighting the strength of the sector. The company is expected to announce its latest financing round as…
Double dip recession on UK horizon for ever more pessimistic consumers: when will the economy rise again?
Five months on from the Eat Out to Help Out scheme, we’ve reached the point where British businesses may start looking to the government for the next big idea. The…
Twitter round-up: Michael Greger’s tweet on the advantages of garlic most popular tweet in December 2020
Garlic leads as Food Service lists five of the most popular tweets by foodservice critics in December 2020 based on data from GlobalData’s Influencer Platform. The top tweets were chosen…
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Indian food delivery start-up Zomato may raise funds through IPO
India-based food delivery start-up Zomato is likely to raise $750m to $1bn through initial public offering (IPO).
Wix acquires ordering technology provider SpeedETab
Wix, a New York, US-based software as a service (SaaS) platform for creating and managing online presence for restaurants, has acquired Miami, US-based ordering technology...
McDonald’s considers partial sale of AI start-up Dynamic Yield
US burger chain McDonald's is considering the partial sale of its artificial intelligence (AI) start-up Dynamic Yield, which specialises in offering customised digital promotions to...
MarginEdge launches new labour management tool for restaurant operators
US-based restaurant management platform MarginEdge has introduced a new labour expense tool that allows restaurant operators to track daily labour costs.
Starbucks Indonesia rolls out plant-based menu with Green Butcher products
Starbucks announced plans to unveil plant-based beef from Green Butcher, an Indonesian food tech start-up, in 50 of its outlets across Jakarta and Greater Bali. The multinational coffee house operator,…