Food and grocery delivery platform Swiggy has received approval from the market regulator for its proposed $1.25-billion public issue, investment banking sources told ET, reflecting the growing appetite for new-age investment choices in a country witnessing an unprecedented consumer boom. The Bengaluru-based company had filed draft papers for the IPO with the Securities and Exchange … Read more
Screenshot: Shanghai Daily China is home to the longest and fastest high-speed railway trains in the world, and provide ground transportation for billions of people annually. It turns out there is a lucrative business in food service for long-distance train patrons, and many don’t want to pay for the mediocre food or lack of choice … Read more
Doordash, Grubhub, Uber Eats, and a dozen others are abject failures of the Silicon Valley venture capital-funded wasteland of “gig economy” apps. These apps make it easier to get cold and disappointing food delivered right to your house at ridiculous expense. The companies themselves are having a hard time figuring out a profitability model, despite … Read more
One Uber Eats delivery driver seems to have their personal beliefs interfere with the successful delivery of an order — and now the customer is asking for help in an effort to figure out what went wrong. The problem? The customer ordered Plan B, and their driver refused to deliver it. The Ford Flex Was … Read more
