NewsHSBC Global Research values Indian food delivery giant Zomato at USD 5 billionThis is an estimate by HSBC and isn’t Zomato’s current valuation. 2 mins read
This round of funding comes 10 months after it raised USD 45 million last year. NewsGoogle and Lightstone lead USD 28 million round in delivery startup Dunzo2 mins read
With the integration, the same Gojek app can be used in Indonesia, Singapore, Vietnam, and Thailand. NewsGojek officially unifies brand across four markets1 min read
Swiggy already delivers grocery through Swiggy Stores, which partners with kirana stores to facilitate grocery delivery in two hours. InsightsSwiggy aims to deliver grocery as fast as food4 mins read
Otlob had operated in Egypt for over 20 years. NewsDelivery Hero is rebranding Otlob as Talabat, plans to create 50,000 freelance rider jobs in Egypt3 mins read
Delivery firms and ride-hailing startups are major players in Southeast Asia’s cloud kitchen market. NewsSingapore’s food delivery and cloud kitchen market remains dynamic, competition watchdog says2 mins read
For Gojek, Grab and more, quest for profit becomes struggle for survival. InsightsCoronavirus stalks Southeast Asia’s once-thriving unicorns12 mins read
Wang Xing, founder and chairman of Meituan, seemed to call out Alibaba on social media over the fact Taobao users cannot pay with WeChat. NewsCHINA BRIEF | Meituan removes Alipay for payments as chairman calls out Alibaba1 min read
In May, the Naspers-backed company laid off 1,100 people and shut non-performing business arms. NewsFood delivery giant Swiggy axes 350 jobs in second round of lay off3 mins read
