Food service, Retail, E-commerce
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Line Man Wongnai raises US$265m to strengthen food delivery business
THAILAND- Line Man Wongnai, a Thai food, and package delivery service, has raised US$265 million in the latest funding round thus becoming the newest startup…
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Price increase, rise in customer count favor Simbisa brands resulting in 75.9% rise in revenue
ZIMBABWE – Simbisa Brands Limited, one of Africa’s largest fast-food restaurant operators, is scheduled to migrate to the Victoria Falls Stock Exchange (VFEX) following its…
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McDonald’s resumes operations in Ukraine, Indian franchise unveils new managing director
UKRAINE- American multinational fast food chain McDonald’s has reopened its restaurants in Ukraine which were shut down due to the ongoing war with Russia. The…
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Global convenience retailer Circle K set base in South Africa following franchising agreement with Millat
SOUTH AFRICA – Millat Convenience, a subsidiary of Millat Group – a South Africa based Private Equity Firm, has announced that it will be bringing…
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Choppies reports 141% growth in full year profit coupled by rise in sales, cost management
BOTSWANA – The restructuring strategies put in place by Botswana retailer Choppies, continue to bare fruits as the company reported a triple digit growth in…