UK-based food delivery service Deliveroo announced on November 16 it has decided to end its operations in Australia, citing a “highly competitive” market for its localised market withdrawal. The Briti…
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Grab clocks record Q3 revenue growth
Singapore food delivery service Grab Holdings Limited announced on November 16 record-breaking revenues for the third quarter, totalling USD 382 million, up 143 percent on last year. The quarterly rev…
Foodpanda celebrates its 10th anniversary with a new regional ambassador
Marking its 10th year anniversary in 2022, food and grocery delivery platform foodpanda launches its very first brand ambassador, Pau-Pau, a sustainability and empowerment ambassador for the region.…
Naver acquires Japanese delivery service Demae-can
Korea’s No. 1 search engine Naver is continuing efforts to discover the next “Line.”…
Foodpanda Taiwan plans to expand
German food delivery provider Foodpanda announced a plan to expand its services to more cities and to add more restaurant options.…
Robot-serving restaurant opens in South Korea
Woowa Brothers Corp., a South Korea’s startup operating the nation’s most popular food delivery app Baedal Minjok, opened a robot-serving restaurant named Merry-Go Kitchen in Seoul.…
Deliveroo unveils dining data between Hong Kong and Taiwan
Hong Kongers wait until the weekend to place the majority of their Deliveroo orders, whereas people in Taiwan make more orders during the week.…
Uber Eats signs partnership with CJ Foodville
US food delivery app Uber Eats signed a partnership with South Korean food service company CJ Foodville to boost its presence in the country’s growing food delivery market.…
Meituan Dianping to set Hong Kong IPO valuation at up to $55 billion
China’s Meituan Dianping, an online food delivery-to-ticketing services platform, has set an indicative price range of HK$60 to HK$72 ($7.64-$9.17) per share for its initial public offering (IPO…
‘Summer War’ in the food delivery market on its way
Chinese e-commerce giant Alibaba is preparing to spend big on the country’s food-delivery market, setting aside hundreds of millions of dollars this summer to regain the lead from Tencent-backed rival…