Revamping of food delivery business imminent as future profitability is questionable
Despite growing order volume, the business model of food delivery apps is not sustainable in the long term.
Food
Nestlé’s revamp in recipes to capitalise on demand for healthier food and drink
By modifying suitable recipes, Nestlé hopes to appeal to consumers concerned with health and wellness.
Just Eat Takeaway.com and Sodexo sign global partnership pact
Consumers are expected to benefit with a simple, fast and secure payment experience.
Digitalisation will continue to prove a vital strategy to foodservice after COVID-19
COVID-19 has accelerated foodservice digitalisation and operators will continue to use these strategies after the...
Zomato files for IPO as Indian online food deliveries surge amid second COVID-19 wave
With customers increasingly ordering food online amid the pandemic, the Zomato IPO filing holds high...
Kellogg’s new mashup cereal variety targets experimental sensory seekers
The latest Kellogg's Mashups Cereal provides consumers with a convenient, novel flavour experience.
Sweet Earth Foods taps into niche plant-based market for crave-able seasoned Jerky
Sweet Earth's plant-based jerky will address flexitarian consumers’ desire for tasty and healthy snacks.
The meal kit industry boomed in 2020 and will continue to thrive beyond the pandemic
The global meal kit industry has witnessed a significant boom in recent years, in response to growing consumer demand for healthy and convenient meals at affordable prices.
Krispy Kreme confidentially files for IPO in US
Global doughnut chain Krispy Kreme has confidentially filed a draft registration statement with the Securities and Exchange Commission (SEC) for initial public offering (IPO) of its common stock.
Bojangles signs franchise deal with Chaac Foods Restaurants
Fast-food restaurant chain Bojangles is planning to open 40 new stores across various US states under a franchise agreement with Chaac Foods Restaurants.
Indonesian Cloud kitchen start-up Hangry raises Series A round funds
Indonesian Cloud kitchen start-up Hangry has raised $13m in a Series A round to fund its expansion plan.
