Grocery Delivery

The Singapore tech group’s first results since its US listing come as shares slump.

Despite potential for growth, online grocery might not be as lucrative as previously thought.

Shopee and Traveloka have ventured into food delivery and on-demand transportation, while AirAsia plans to launch an array of services in Indonesia soon.

Dingdong Maicai and Meicai, two online grocery platforms, have reportedly trimmed headcounts due to underwhelming business performance.

BigBasket is reportedly working to roll out an express delivery service called BB Now to catch up with its existing and new rivals—all of which are now focusing on quick commerce.

Under the investment deal, Dunzo will also power last-mile deliveries for retail stores operated by Reliance Retail.

The super app developer’s experience as a new public company may serve as a reference for other businesses that are eyeing ticker symbols in the United States.

41 startups turned into billion-dollar companies after landing fat checks from marquee investors like Tiger Global and SoftBank.