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Week 24/2/2024

🍕 Food Delivery
Didi Food, Uber Eats and Rappi: Functions and differences of food delivery apps in Mexico. Find out how food delivery apps vary in Mexico, with details on rates and exclusive benefits (Marketing4Ecommerce).
Bolt upgrades Bolt Plus service with free Bolt Food delivery. Bolt expands Bolt Plus monthly subscription services to include Bolt Food benefits such as free delivery (Business Review).
Delivery Hero downgraded at Citi as Meituan-led MENA pressures put margins at risk. Citi analysts cut Delivery Hero AG stock rating to Sell from Neutral and trimmed the price target €28 to €26, reflecting concerns over the intensifying competition in the Middle East and North Africa (MENA) region, particularly from Meituan-backed Keeta in Saudi Arabia (Investing).
Rappi gets an update: influencers will now recommend their favorite restaurants and dishes. The popular delivery platform has launched a new interface that includes great new features, including recommendations from food celebrities and sections with personalized offers for each user (Mercado Negro).
Nando’s extends its exclusive partnership with Deliveroo. Nando’s, the UK’s favourite flame-grilled PERi-PERi chicken restaurant, and Deliveroo, the delivery platform, have announced the extension of their exclusive partnership (Retail Times).
Food delivery service Yogiyo acquitted in South Korean criminal antitrust case. Food delivery service Yogiyo has been acquitted in a criminal antitrust case by South Korea’s top court over allegations the company engaged in unfair practices by forcing restaurant owners to provide the lowest prices and terminating contracts with those that failed to meet its recommended price policy (MLEX).
Prosus to acquire Just Eat Takeaway.com for €4.1bn. Prosus and Just Eat Takeaway.com agree on a recommended all-cash offer for all issued and outstanding shares of Just Eat Takeaway.com (Prosus).
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Prosus to acquire Just Eat Takeaway.com for €4.1bn.
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Rappi launches WhatsApp channel with exclusive promotions.
Rappi launches WhatsApp channel with exclusive promotions.
WhatsApp reached 3.2 billion users in 2024 and is now the channel where Rappi launches exclusive promotions. Rappi, the leading technology platform in Latin America, announces the launch of its new WhatsApp channel in Mexico, a strategy that seeks to offer users immediate access to exclusive promotions and fun content.
Rappi will change working conditions in Colombia after a historic agreement with the delivery workers’ union.
Rappi will change working conditions in Colombia after a historic agreement with the delivery workers’ union.
After months of negotiations and mediation by the Ministry of Labor, the delivery platform must guarantee better conditions for its delivery drivers, including a review of the base rate per order.
How a Chinese giant is disrupting Saudi Arabia’s food delivery?
How a Chinese giant is disrupting Saudi Arabia’s food delivery? Can Keeta, Meituan’s global brand, use the Middle East as a springboard for other international markets?
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