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…
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McDonald’s ties executive bonuses to diversity goals
McDonald’s is set to tie executive bonuses to new diversification goals as the fast-food giant seeks to widen the demographic…
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Sandwich chain Potbelly to raise $16m and revise credit facility
US-based sandwich chain Potbelly Sandwich Shop has signed a definitive securities purchase agreement with its existing and new investors to raise approximately $16m. The private…
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. This new feature is…
Cloud kitchen startup Kitopi launches operations in Jeddah
Dubai-based Cloud kitchen has expanded its Saudi Arabian footprint by launching its operations in Jeddah this week. The company currently…
Food delivery company DoorDash acquires robotics start-up Chowbotics
American food delivery company DoorDash has acquired robotic startup Chowbotics, known for creating the Fresh Food Robot that makes custom…
Delivery Hero anticipates €1.4bn impairment on Woowa takeover
German online takeaway food company Delivery Hero said it expects to receive an impairment of up to €1.4bn (($1.7bn) on…
Uber Eats’ campaign to support local restaurants in US
Food delivery platform Uber Eats has introduced a new campaign to support independent restaurant owners and operators in the US…
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UAE’s online marketplace Noon to start food delivery
Financed by Public Investment Fund (PIF) of Saudi Arabia, UAE-based online marketplace Noon is set to enter the online food…
Smoothie King to expand with 125 franchise agreements in 2021
US-based franchise company Smoothie King has announced plans to fuel its expansion with 125 franchise agreements this year. The company…
Tudor Inspire Plus Fully Automatic Coffee Machine
Tudor proudly launches the new Tudor Inspire Plus fully automatic Coffee machine which produces the highest quality cappuccinos, lattes and espressos…