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Announcement: The Robinhood app postpones service closures from the original end-of-month deadline, exclusively for food delivery services.

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4 months ago
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SCBX, a leading multinational company, has informed the Stock Exchange of Thailand that during a board meeting on July 29th, 2567, it has decided to postpone the termination of the...

Preparations Afoot for Meituan’s Market Entry into Saudi Arabia with KeeTa Food Delivery Brand

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7 months ago
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Reports indicate that Meituan, China’s leading food delivery app, has begun recruiting employees who speak Arabic and English in preparation for expanding into more international markets. The current target is...

Foodpanda’s Parent Company Denies Plans for Divestment in Southeast Asia’s Eastern Subregion

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9 months ago
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Delivery Hero, a German-based food delivery service provider, has recently released its quarterly financial report. One interesting point mentioned by CEO Niklas Ostberg is the company’s consideration of selling its...

Meituan, the Chinese food delivery app, pondering the acquisition of Foodpanda’s enterprise in Southeast Asia as a viable alternative to Grab.

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1 year ago
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According to Bloomberg, Meituan, a major food delivery app in China, has shown interest in acquiring the business operations of Delivery Hero’s Foodpanda brand in Southeast Asia. This comes after...

Increasing Profitability: Latest Quarter Sees a Remarkable 61% Surge in EBITDA, Marking the First Positive Turn with Substantial Loss Reduction.

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1 year ago
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Grab Holdings reported a 5% increase in Gross Merchandise Volume (GMV) for the third quarter of 2023, reaching $5.341 billion compared to the same period last year. The business segments...