Search result for food delivery app
INDIA’S FIRST FOOD DELIVERY IPO IS COMING
HIGHLIGHTS
- Zomato is gearing up to deliver an IPO which will be the first in Indian food delivery business.
- Zomato‘s business got a boost due to the COVID-19 pandemic.
Zomato is reportedly planning to initiate the process for i...
S. KOREAN FOOD DELIVERY APP BAEDAL MINJOK SALES DOUBLE IN 2020
Highlights –
- S. Korean food delivery app Baedal Minjok sales double in 2020.
- Baemin reported its sales to top $960 million in 2020.
- Woowa Brothers Corp. said that its sales have exceeded the1 trillion won mark since its debut.
THAI BANKS ON SOCIALIST SPREE AS THEY WAIVE OFF FOOD DELIVERY APP TRANSNATIONAL CHARGES
HIGHLIGHTS
- Siam Commercial Bank (SCB) and Kasikorn Bank (KBank) have independently planned to help organizations influenced by the Covid-19 flare-up
SCB's "Robinhood" application, which plans to help network-level diners by forgoi...
NEW YORK CITY COMES UP WITH CAPPING OF FEES FOR FOOD DELIVERY APPS
Highlights
• Food delivery apps will charge maximum 20 percent that too in the emergency situation
• Mayor of New York, Bill De Blasio supported this decision and called it as “smart legislation”
With majority of restaurants shut and restriction...
Jack Ma's Ant Financial Services looking for setting up 1 billion dollar fund for startups in India and Southeast Asia
Jack Ma’s Ant Financial Services aim to strengthen its holding in the growing mobile internet markets of the region in order to raise near to 1 billion dollars in funding for startups based in India, as well as, Southeast Asia, as per a report in Bloomberg.
The financial technolog...