India mandates food delivery apps to pay 5% tax on restaurant services
Restaurants previously paid this tax, but now food delivery apps will have to pay it.
Business & Regulation
Restaurant software company Toast targets $18bn valuation in IPO
The firm plans to sell shares in a price range between $30 and $33 per...
City of Chicago files lawsuits against DoorDash and Grubhub in US
The complaints allege that the two firms have been advertising order and delivery service from...
Salad chain Sweetgreen to acquire restaurant company Spyce
Boston-based Spyce uses an automated kitchen to serve warm bowls and salads to its customers.
Domino’s Pizza posts strong results in Q2 2021
The multinational pizza restaurant chain reported a 12.2% jump in quarterly revenue.
FAT Brands closes $442.5m Global Franchise Group acquisition
The deal will add five new restaurant concepts to FAT Brands’ portfolio and increase its annual revenues to more than $100m.
New technology can enhance customer experience and boost revenues at coffee shops
Coffee drinking is popular and, despite the challenges caused to coffee shops by the pandemic, new technologies can boost the coffee experience.
Sustainable experiences need to be pushed in gastronomy tourism
As gastronomy tourism continues to grow with the focus on local experiences, sustainability should be taken into consideration to further boost recovery.
Hyde Park acquires seven Five Guys franchises
The deal makes Hyde Park Burgers the third-largest Five Guys franchisee in the US.
Wendy’s signs agreements to bolster presence in Central Asia
A total of 65 Wendy's restaurants will be opened in three Central Asian countries by 2030.
DoorDash launches operations in Japan
Storefront helps restaurants create their own website to implement online ordering.
