On-demand Services

Lalamove’s risk-taking founder has prioritized the firm’s expansion over basic safety fundamentals, critics say.

Despite a financial scandal, Luckin has kept all its stores in China open and stayed in business, paying suppliers and employees.

The company says it transported about 700,000 containers in 2020.

The loss-making Nayuki is about to score a ticker code on the Hong Kong Stock Exchange.

It will be hard for newcomers to break Indonesia’s food delivery duopoly, expert says.

Tech firms including Singapore-based Grab and food delivery platform Foodpanda have suspended their services.

A possible deal could be valued at near USD 40 billion and become the largest SPAC merger on record.

It was driven by increases in the average order size and number of active consumers.