Uber sells Indian food delivery business to Zomato January 21, 2020 Uber today said it has sold its food delivery business in India to local rival Zomato in an all-share deal worth a reported $350m (£268m). The deal gives Uber a 10 per cent stake in Zomato, which is backed by Ant Financial, a fintech affiliate of Chinese conglomerate Alibaba. The companies did not disclose the [...]
Vegan products total a quarter of food launches in 2019 January 17, 2020 Almost a quarter of all new food products to launch in the UK last year were vegan, as companies rush to cash in on the growing number of “flexitarians”, according to the latest research. The number of people who have reduced or limited the amount of meat they eat has risen from 28 per cent [...]
Donald Trump proved the doubters wrong and got it right on Iran with Qassem Soleimani January 16, 2020 When the Middle East crisis broke at the start of this year, many outcomes were predicted by a panicked commentariat in response to the US drone strike on Iran’s terrorist-in-chief, Qassem Soleimani. The various theories peddled by such observers fell into two broad camps: that war would inevitably result, or that the west would suffer [...]
Ostrich shops need to stop blaming the high street and step up January 16, 2020 Stories of failing retailers seem to be as regularly in the news as Brexit or Harry and Meghan. And when we read about them, it’s usually accompanied by lamentation that the state of the high street is to blame. Just this week, City A.M. reported that department store Beales is facing collapse. Its chief executive [...]
Greggs picks Just Eat over Deliveroo for nationwide delivery roll out January 15, 2020 Greggs has chosen to partner with Just Eat as it expands its food delivery option nationwide, in a boost for the takeaway app over rival Deliveroo. The high street bakery chain was weighing up both food delivery companies following successful trials in several cities last year. This morning Greggs said it had opted to work [...]
Just Eat buyer Takeaway.com’s orders soar in fourth quarter January 14, 2020 Takeaway.com, the Dutch food delivery platform that has been cleared to buy British firm Just Eat for £5.9bn, reported that orders soared in the fourth quarter of the year. The company, which received shareholder backing to acquire Just Eat last week, said orders were up 56 per cent to 46,576, driven by growth of 137 [...]
DEBATE: Is the government being short-sighted in maintaining the ban on chlorinated chicken? January 13, 2020 Is the government being short-sighted in maintaining the ban on chlorinated chicken? Victoria Hewson, head of regulatory affairs at the IEA, says YES, Promising to keep EU rules banning hormone-reared beef and chicken that has had pathogen reduction treatment (anti-microbial rinses, some of which contain low levels of a chlorine solution) is short-sighted and irrational. [...]
Takeaway.com’s Just Eat offer hits 80 per cent approval threshold January 10, 2020 Takeaway.com’s £5.9bn offer to takeover Just Eat has been accepted by 80.4 per cent of shareholders in a meeting held today. The online food delivery marketplace’s improved offer has been accepted after surpassing the 80 per cent threshold. It means the takeover is now unconditional and will go ahead, with those yet to accept the [...]
This Veganuary, I’m trusting people to eat what they want January 10, 2020 Welcome to January, the month of new year’s resolutions. Dietary transformation has always been central to the post-Christmas madness — eating “better” is probably the most cliched resolution there is. But whereas this used to be framed primarily in terms of weight loss, with fads like intermittent fasting and protein shakes taking centre stage, in [...]
Takeaway shareholders approve Just Eat acquisition January 9, 2020 Takeaway.com shareholders have approved its £5.9bn acquisition of UK delivery platform Just Eat. The Dutch food ordering company said its plan for an all-share merger received the backing of investors at an extraordinary meeting in Amsterdam today. Read more: Just Eat board rejects Prosus offer in favour of Takeaway.com merger On 19 December Takeaway.com, which [...]