Food service, Retail, E-commerce
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Swiggy closes US$700m funding round led by Invesco as push into q-commerce gathers momentum
INDIA – Swiggy, a food-ordering and instant grocery delivery platform, has closed a US$700 million funding round led by asset manager Invesco, the company said in a…
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Shoprite partners with SA canegrowers championing consumption of locally-produced sugar
SOUTH AFRICA – Retailer Shoprite Group has partnered with industry body the South African Cane Growers Association (SA Canegrowers) to prioritise sale of locally produced…
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Uber Eats Kenya appoints Wangui Mbugua as General Manager to steer its growth
KENYA – Online food ordering and delivery platform Uber Eats has appointed Wangui Mbugua as the General Manager for its Kenya operations, to steer growth…
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South Africa delivery service provider Orderin raises US$4.6m to beef up offering
SOUTH AFRICA – South Africa based delivery-as-a-service platform, Orderin, has garnered R70 million (US$4.6m) in a recently closed pre-series B funding round, which will allow…
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Woolworths registers growth in SA food business sales steered by 55.8% jump in online sales
SOUTH AFRICA – Woolworths, Australian retail chain and grocery stores owner with operations in South Africa, expects its headline earnings for the half-year to December…