Keywords: Food delivery
China’s market regulator has released draft rules aimed at tightening control over subsidy practices in the country’s highly competitive food delivery sector, as authorities move to address intensifying price wars among major platforms. The State Administration for Market Regulation (SAMR)......
Shares of Delivery Hero climbed sharply on Monday after reports emerged that Uber had submitted an indicative acquisition proposal for the German-based delivery group. The news pushed Delivery Hero’s stock price to its highest level in approximately eighteen months, reflecting growing investor......
Major food delivery companies Uber and DoorDash are reportedly exploring the possibility of a takeover bid for German delivery platform Delivery Hero as competition intensifies in the global food delivery sector. According to financial media reports, the two American companies have initiated preliminary......
Fast food consumption is expanding rapidly across Morocco, reshaping eating habits and raising growing concerns about public health, nutrition and the future of traditional cuisine. What was once an occasional indulgence has become a routine part of daily life for many young people and urban families. Burgers,......
Activist investor Aspex Management has increased its stake in German food delivery company Delivery Hero to around 15%, strengthening its influence over the company and increasing pressure on Chief Executive Officer Niklas Oestberg. The move follows the purchase of a 5% stake from technology investment......
Italy’s competition authority has launched investigations into the Italian operations of food delivery platforms Glovo and Deliveroo over alleged misleading claims regarding the treatment of delivery riders. The probe also involves Glovo’s parent company Delivery Hero SE, which controls......
Grab Holdings has agreed to acquire foodpanda’s delivery business in Taiwan for $600 million in cash, marking the Singapore-based company’s first expansion outside Southeast Asia. The deal will extend Grab’s footprint to a ninth market, adding operations in 21 Taiwanese cities and......
Glovo has closed all seven of its dark stores in Morocco, citing compliance with new regulations recently introduced by the Competition Council, company sources reported. The closures affect locations in Tangier, Mohammedia, Casablanca, Dar Bouazza, and Marrakech. Initially, authorities in Nouaceur......
The Competition Council of Morocco has officially notified GlovoApp Morocco of several grievances regarding alleged anticompetitive practices in the digital food ordering and delivery platform market. The notification follows an investigation initiated by the Council’s self-referral decision number......
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