InsightsIndian food delivery unicorns clubbed by own governmentSwiggy and Zomato let go of hundreds of workers in face of lockdown damage. 3 mins read
But the company still managed to beat analyst revenue expectations. NewsChinese food delivery giant Meituan Dianping posts Q1 loss after three consecutive profitable quarters2 mins read
eCapitaMall will feature products from retailers most of which are operating in CapitaLand’s shopping malls. NewsCapitaLand to launch e-commerce, food delivery platforms on June 1 to drive sales2 mins read
First introduced in China to curb the spread of coronavirus, the program checks for mask-wearing, vehicle disinfection, and drivers’ temperatures. NewsCHINA BRIEF | Ride-hailing giant Didi to roll out ‘Health-Guard’ feature in Latin America1 min read
Swiggy has asked 1,100 employees to leave, giving them three months notice period and other severance packages. NewsSwiggy raises an additional USD 1.88 million from Samsung Ventures after recent layoff2 mins read
Last week Zomato also announced cutting 13% of its total workforce. NewsSwiggy lays off 1,100 employees and shuts other businesses3 mins read
Fore Coffee CEO Elisa Suteja said that it closed several outlets for Ramadan and that it is selling assets. NewsEast Ventures-backed Fore Coffee denies shutdown rumors, sees increase in online sales2 mins read
An expert in transport and logistics services, Guo Jinyi will look to steady the crisis-impacted firm navigating a fraud investigation and investor run. InsightsWho is Guo Jinyi, Luckin’s new acting CEO?2 mins read
SF Holdings unveiled the Fengshi WeChat mini program, targeting corporate clients and individual consumers for food deliveries. NewsChina’s largest private courier SF Holdings enters food delivery sector, challenging Meituan and Ele.me2 mins read
