NewsSwiggy lays off 1,100 employees and shuts other businessesLast week Zomato also announced cutting 13% of its total workforce. 3 mins read
The company said it does not see the situation improving for quite some time. NewsTemasek-backed Indian fitness startup Cure.fit lays off staff and shut centers3 mins read
As the demand for grocery has gone through the roof, Indian government has decided to build a brand new e-grocer for rural India. NewsIndian government starts e-retail platform for rural India2 mins read
The food delivery boom has been a lifesaver for many restaurants in China as they flock to online channels amid social distancing. InsightsHow China’s delivery services platforms are evolving, from smart lockers to ‘semi-finished’ meals6 mins read
Retail chains such as Future Group and Spencer’s Retail have partnered with e-tailers to make the best of the situation. NewsCOVID-19 puts Indian retail chains’ online dream on a turbo mode4 mins read
Suning attributed these losses to the COVID-19 pandemic as its sales decreased but expenditure increased. NewsSuning.com expects USD 85 million Q1 loss, but says Carrefour China remains profitable2 mins read
‘s Land Transport Authority eased regulations to allow taxi drivers to service delivery jobs. NewsComfortDelGro partners with RedMart to fulfill more grocery deliveries in Singapore1 min read
SoftBank Vision Fund (SVF) might invest anywhere between USD 100-200 million in the merged entity. NewsIndian food delivery giant Zomato might acquire SoftBank-backed e-grocer Grofers3 mins read
There is a sudden spurt in demand for grocery and medicine during the 21-day lockdown in India. NewsIndian mobility startup Yulu partners with e-commerce companies to deliver essentials as lockdown extended partially2 mins read
NewsDeals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 investments, and more