UAE’s talabat acquires instashop from Delivery Hero for $32M.
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Week 10/3/2024

🍕 Food Delivery
Deliveroo creates ‘Dip & Dine’ inflatable range to treat yourself to a takeaway in the tub. Move over pineapple on pizza. There’s a bigger, better, ‘bubblier’ debate in town because Deliveroo is launching a new accessory for the ‘eating in the bath brigade’. Deliveroo’s new ‘Dip & Dine’ inflatable range is the world’s first inflatable in-bath dining solution – specially created for Brits who want to chow down on their favourite takeaway whilst they relax in a bubble bath (Verge).
Just Eat merger with formerly owned iFood likely in takeover overhaul. Just Eat Takeaway.com NV €4.1 billion takeover is set to pave the way for a merger with its formerly part-owned Brazil-focused iFood among sweeping changes, analysts say (Proactive Investors).
How Uber Eats made 1 billion UK deliveries in 10 years. Uber Eats has reached the “extraordinary milestone” of having made one billion UK deliveries, in less than a decade since its launch (Grocery Gazette).
UAE’s talabat acquires instashop from Delivery Hero for $32M. Transaction brings talabat’s pro forma grocery and retail gross market value to more than $2.5 billion (The National News).
Fast-delivery companies Zomato, Swiggy, Zepto face India antitrust case over discounts. Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting practices, legal papers show (Reuters).
UK food delivery firm Deliveroo to exit Hong Kong. British meal delivery company Deliveroo, opens new tab said on Monday that it will exit its Hong Kong operations by selling some assets to Delivery Hero’s, opens new tab foodpanda for an undisclosed amount, and by closing other assets (Reuters).
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Deliveroo creates ‘Dip & Dine’ inflatable range to treat yourself to a takeaway in the tub.
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Talabat Mart unveiled the Middle East’s largest Q-Commerce distribution center, a huge step for rapid delivery in the region
Daily delivery volumes at the mainland’s top on-demand delivery giant reached 150 million from 120 million last week
Meituan’s daily orders hit record 150 million amid heated battle with JD.com and Alibaba
Daily delivery volumes at the mainland’s top on-demand delivery giant reached 150 million from 120 million last week
China’s Alibaba launches ecommerce subsidies of $7 billion in consumption boost
The online retail platform of Chinese tech giant Alibaba announced Wednesday that it will issue $7 billion in subsidies for certain purchases, providing a much-needed boost for a country struggling with sluggish spending
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