Food service, Retail, E-commerce
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Starbucks to cut down water usage in processing, achieve carbon-neutral green coffee by 2030
US – American multinational chain of coffee houses and roaster reserves, Startbucks has doubled down on its sustainability goals, committing to achieving carbon neutral green…
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US grocery delivery startup goPuff raises US$1.15bn, doubling valuation to nearly US$9bn
US – goPuff, a rapidly growing grocery delivery startup in the US, has raised US$1.15 billion in new funding, as it looks to become the…
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Majid Al Futtaim provides Egyptians with a seamless online experience with launch of new service
EGYPT – Majid Al Futtaim, the shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has launched its free “Click…
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Carrefour to acquire Walmart’s Grupo Big to strengthen retail presence in Brazil
BRAZIL – French retail giant, Carrefour has agreed to purchase Brazil’s third biggest food retailer Grupo Big from Walmart and investment firm Advent International in…
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Jumia cashes in on bullish stock trading aims to raise US$400m to finance expansion drive
AFRICA – The New York Stock Exchange listed Africa-focused eCommerce company, Jumia is seeking to raise US$400 million by floating 9 million American depositary shares…