food

Platform News: Delivery Services across the world

Thai Siam Commercial Bank launches food delivery app

Thailand’s Siam Commercial Bank (SCB) has just established a food delivery platform, Robinhood, amid growing competition in the sector in Southeast Asia’s second market...

Grab

Grab expands finance business with consumer loans services and wealth management

Asian ride-hailing business Grab has deepened its financial services push by announcing that it will offer consumer loans services in Singapore and roll-out wealth management produ...

Platform Industry: Delivery Hero app

Delivery Hero reports jump in customers during lockdowns

Delivery Hero reported that orders and revenues almost doubled in the first quarter as coronavirus lockdowns closed restaurants and prompted more people to order meals and grocerie...

London

Just Eat urges shareholders to shun Prosus and stick with Takeaway deal

London – Britain’s Just Eat urged shareholders on Monday to shun a $6.3 billion cash offer from Prosus, saying a currently lower valued deal with Takeaway.com was a bet...

Moscow Skyline

Russia’s Sberbank, Mail.Ru to invest $1 billion in online food, taxi venture

MOSCOW – Russian internet company Mail.Ru and state lender Sberbank have finalised the terms of a joint food and taxi platform and plan to invest 64.6 billion roubles ($1 bil...