Friday, June 5, 2026

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Swiggy May Pull Back from Rapido Over Rising Conflict

Swiggy is actively re‑evaluating its roughly 12 % stake in bike‑taxi platform Rapido, amid growing concerns of a conflict of interest triggered by Rapido’s recent...

India’s Food Delivery Market Poised for 13–14% Annual Growth: HSBC Report

India’s food delivery sector is projected to grow at a steady 13–14% compound annual growth rate (CAGR) over the next few years, according to...

Olo to Be Acquired by Software Investment Firm Thoma Bravo in All-Cash Deal

In a move that could reshape the digital infrastructure powering restaurant operations across the United States, Olo Inc., a leading open SaaS platform for...

DoorDash Acquires Symbiosys to Power Restaurant Ad Tools

DoorDash, one of the leading on-demand delivery giants in the U.S., has acquired advertising technology startup Symbiosysn for $175 million, marking its third acquisition...

Rapido Unveils ‘Ownly’ to Tap India’s Food Delivery Demand

In a strategic expansion beyond two-wheeler mobility, ride-hailing startup Rapido has officially entered the food delivery space with its new service—Ownly. The Bengaluru-based company,...

American Liquor Exports Hit Record High in 2024, Driven by Tariff Relief and Rising Global Demand

The U.S. distilled spirits industry marked a significant milestone in 2024, with exports hitting an all-time high of $2.45 billion, according to the U.S....

New Tariffs Threaten to Disrupt U.S. Restaurant Supply Chains: A Boon or Burden for F&B Leaders?

As new tariffs on key imported food commodities loom large, restaurant operators, supply chain heads, and F&B decision-makers across the U.S. are bracing for...

Restaurant Industry Projected to Reach $1.5 Trillion in Sales, Add 200,000 Jobs in 2025

The U.S. restaurant industry is set to reach $1.5 trillion in sales by the end of 2025, with an estimated 200,000 new jobs bringing...

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