GERMANY – HelloFresh, a German multinational meal kit company, is planning to enter Japan and Italy by the end of…
Read MoreMeal-kit firm HelloFresh eyes Japanese, Italian markets as Deliveroo heats up food delivery competition in Germany
Day: August 12, 2021
Coca-Cola HBC eyes entry into Africa’s second largest non-alcoholic ready to drink market Egypt
EGYPT – Coca-Cola HBC, the world’s third-largest Coca-Cola anchor bottler is seeking to acquire a majority stake in Coca-Cola Bottling…
Read MoreIndependent alcohol company DGB takes over ownership of South African century old wine business Backsberg
SOUTH AFRICA – DGB, one of South Africa’s largest independent wine and spirit producer, has expanded its portfolio with acquisition…
Read MoreZomato’s quarterly losses widen despite 22% jump in operational revenue
INDIA – Indian multination food delivery company Zomato has seen its net losses jump 168% from the previous quarter to Rs…
Read MoreFrench retailer Carrefour to sell Taiwanese business valued at US$1.19B
CHINA – French retailer Carrefour is planning to launch a sale of its Taiwan business, which is valued at around 1.6 billion…
Read MoreShoprite builds skills of its butchers with launch of internationally-endorsed Master Meat Artisan Programme
SOUTH AFRICA – The Shoprite group, Africa’s leading retailer is seeking to develop a scarce and sought-after skill in the…
Read MoreSwiss-based Coca-Cola bottler HBC records 88% jump in half year profits buoyed by recovery in out of home consumption
SWITZERLAND – Hellenic Bottling Company, the world’s third-largest Coca-Cola anchor bottler in terms of volume, has reported a 88% surge in net profit…
Read MoreE-commerce startup Omnibiz raises US$3m seed round to expand into other markets
NIGERIA – Omnibiz, an e-commerce startup based in Nigeria, has raised US$3 million in a seed round to expand into…
Read MoreSouth African e-tailer Takealot appoints Mamongae Mahlare as new Group CEO, KFC launches whatsapp ordering system
SOUTH AFRICA – South Africa’s e-Commerce retailer Takealot Group has appointed Mamongae Mahlare as its new Group Chief Executive Officer,…
Read MoreCameroon attains rise in cocoa production while Uganda continues growth trend in coffee export volumes
CAMEROON/UGANDA – Cameroon has registered a 12% rise in cocoa production in the 2020/2021 season to 292,471 tons. The 35,319…
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