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Just Kitchen, an operator of ghost kitchens specializing in the development of delivery-only food brands, announces the expansion of JustKitchen’s in-house brands to Thailand (the ” Thailand Location “) via GrabKitchen. For the Thailand Location in the…
hai food delivery app Lineman Wongnai on Monday said it has raised US$265 million from Singapore’s GIC, PTT Oil and Retail Business, Taiwan Mobile, and other investors. The startup said the investment round puts the company’s value at over US$1 billion,…
Grab , Southeast Asia’s biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financial service ambitions. Chief Operating Officer Alex Hungate…
Singapore-based e-commerce platform Foodpanda has partnered with the toy giant Lego to expand the region’s q-commerce marketplace. Lego says the partnership signifies the company’s entry into the q-commerce sector, which enables users to purchase Lego sets…
Delivery company Ahamove has partnered with automaker VinFast to launch AhaFast, the first delivery service in Vietnam to use only electric bikes. AhaFast began operation Thursday in Da Nang City with 100 electric Feliz S motorbikes provided by VinFast. The…
Singapore-based property platform 99 Group is reported to be exploring options to purchase Vietnamese proptech startup Propzy. Propzy is one of a dozen potential targets in Southeast Asia for the group, signaling its intention to expand after raising $37…
SoftBank Group is in talks to invest $35 million in Indian car service and repair firm GoMechanic, in what would be one of the Japanese investor’s smallest bets in India by its Vision Fund, which typically signs bigger cheques, two sources told Reuters.…
Coolmate, a Vietnamese menswear brand sold online, has raised $2.3 million from GSR Ventures and Do Ventures as an addition to its series A round. This brings the round’s total size to $4.3 million. Coolmate said the funding will be used to “accelerate the…
PT GoTo Gojek Tokopedia – whose businesses straddle e-commerce, on-demand apps and finance – saw its losses between January and June more than double from the same period the previous year. “2022 has been a volatile year in our market and the macro conditions…
Deliveroo today announces its partnership with A Plastic Ocean Foundation (APOF), a local charitable organisation dedicated to stopping plastic pollution and initiating ocean recovery from human impacts, to safeguard and preserve Hong Kong’s precious wetland…
Singapore’s Grab Holdings Ltd on Thursday slashed its gross merchandise volume (GMV) outlook for the year, blaming a strong dollar and cooling demand for food delivery services as consumers return to dining outdoors. U.S.-listed shares of Grab fell 16% in…
Kurly Corp., the operator of South Korean e-grocery platform Market Kurly, received preliminary approval for its push for an initial public offering (IPO) Monday. The approval by the Korea Exchange (KRX) came about five months after Kurly filed for a…
With an objective to boost the 5G ecosystem within India and to achieve the objectives of Aatmanirbhar Bharat and Make in India initiatives, the Government of India has decided to offer the use of Indigenous 5G Test Bed free of cost to the Indian…
DTS Digital Transformation Alliance has supported dozens of startups in technology, and is accompanying thousands of businesses through their digital transformation and journey into the Metaverse. In the global context of Industry 4.0, digital transformation…
Australian gourmet ready-meal delivery startup ChefPrep has acquired artisan food vendor Co-Lab Pantry, with the retooled venture promising to become the “Amazon for food” with next-day delivery across the country. Dubbed CoLab, the fresh face of Australia’s…
A Beijing consumer rights group said on Tuesday it had asked Missfresh to work on plans to refund its customers and explain how it will rectify its business after receiving a number of complaints, adding to pressures facing the Tencent Holdings and Tiger…
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