The companies have also agreed for Uber to purchase $300 million in newly issued ordinary shares of Delivery Hero Uber Technologies, Inc and Delivery Hero SE have reached an agreement for Uber to acquire Delivery Hero’s foodpanda delivery business in Taiwan for $950 million in cash. The acquisition of foodpanda[Read More…]
Supply chain
Saudi’s date exports up by 13% in Q1 2024
The US, a major date importer, saw a 29 per cent increase, while Malaysia experienced a 16 per cent rise in imports of Saudi dates The National Centre for Palms and Dates (NCPD) has reported a significant increase in Saudi Arabia’s date exports in the first quarter of 2024. Compared[Read More…]
ABFT and JJING partners to expand malt distribution
This strategic partnership will see Jebsen & Jessen Ingredients become the primary distributor for AB Food & Beverages (Thailand)’s malt products Jebsen & Jessen Ingredients (JJING), the ingredients business unit of diversified industrial conglomerate Jebsen & Jessen Group, and AB Food & Beverages (Thailand) (ABFT), a subsidiary of Associated British[Read More…]
CFS briefs arrangement for Hong Kong-manufactured food products
The CFS will conduct special supervision on Hong Kong-manufactured food products exported to the Mainland to ensure compliance with relevant Mainland laws, regulations, and standards in food safety Hong Kong’s Centre for Food Safety (CFS) of the Food and Environmental Hygiene Department (FEHD) mentioned that the new measure of the[Read More…]
foodpanda and The Trade Desk partners to provide data-driven retail solutions
The collaboration will span seven markets, namely Hong Kong, Malaysia, Pakistan, Philippines, Singapore, Taiwan and Thailand foodpanda, a leading food and grocery delivery network in Asia, announced a strategic partnership with The Trade Desk, a global advertising technology leader, that will enable brands to better reach their target audience and[Read More…]
Japan to expand export of scallops
The scallops produced in Hokkaido, Aomori, Iwate, and Miyagi are particularly desirable, as the local ocean currents provide highly rich nutrients, resulting in one of the world’s largest scallop landings The Japan Scallop Export Promotion Association (J-HOTATE Association) is on a mission to expand the export of Japanese scallops. To[Read More…]
TASK signs Sushi Sushi to deliver all-encompassing solution
TASK has a proven track record spanning over fifteen years, delivering feature-rich solutions TASK Group Holdings Limited announced that it has been selected by Sushi Sushi, one of Australia’s largest and most loved sushi brands, to deploy the TASK end-to-end transaction management platform, inclusive of both in-store and digital platforms, across the[Read More…]
China’s Yunhong Group inks MoU with Global Digital Trade Port
The deep cooperation with the Global Digital Trade Port (Hainan) Enterprise Management is an important step for Yunhong Group to follow the Belt and Road Initiative The signing ceremony between Global Digital Trade Port (Hainan) Enterprise Management Co., Ltd. and Yunhong Group was held in Beijing, and the two sides will carry out[Read More…]
Ahold Delhaize and global grocery retailers establish W23 Global
W23 is a potentially game-changing international VC fund with a powerful proposition for both our investors and portfolio companies Five of the world’s leading grocery retailers have come together to establish a pioneering collaborative venture capital (VC) fund, W23 Global. The fund will seek to invest in innovative start-ups and[Read More…]
Russia approves duty-free import of tomatoes
The Ministry of Agriculture initially proposed the duty-free import of tomatoes, suggesting an import volume of 130,000 tonnes. However, the EEC reduced this figure to 100,000 tonnes The Russian government has recently approved a resolution that allows the import of up to 100,000 tonnes of tomatoes free of customs duties[Read More…]
