Jeff Bezos donates US$100m to Feeding America’s COVID-19 Response Fund

USA – Jeff Bezos, the founder and CEO of American multinational e-commerce giant, Amazon, has donated US$100 million to the Feeding America’s COVID-19 Response Fund to support food banks during the COVID-19 pandemic. Feeding America […]

Cargill joins efforts with Imaflora to increase cocoa productivity in Brazil

BRAZIL – Cargill has partnered with the non-profit organization, Imaflora to implement two projects to support cocoa producers in Pará, Brazil with an aim of increasing productivity and provide sustainable cocoa for the chocolate industry. […]

Indian snack and confectionery brand Haldiram’s expands in the US with Amazon

USA – Haldiram’s, an Indian sweets and snacks manufacturer has partnered with Amazon’s Global Selling Program in a bid to help the company expand and increase its penetration into the US market. The deal with […]

India’s online grocery retail market set to reach US$10.5bn by 2023

INDIA – Online food and grocery retail in India is estimated to hit US$10.5 billion or 1.2% of the overall market by 2023, according to a recent report released by consulting firm Redseer. Redseer forecasts […]

Amazon opens its biggest global campus in India to enhance investment

INDIA – American online retailer and technology company, Amazon has opened its biggest campus in the globally in Hyderabad, India, as the first Amazon-owned campus outside the US. The 9.5-acre campus will house over 15,000 […]

Walmart to deliver groceries to shopper’s refrigerators at home

USA – Walmart is relaunching its service to deliver groceries directly to shopper’s refrigerators at home in a move to revamp its last mile delivery service. The in-home delivery platform will serve nearly 1 million […]

Amazon leads US$575m financing round in British delivery firm Deliveroo

UK – British online food delivery firm, Deliveroo has announced that it has raised a total of US$575 million in a Series G funding round led by American online retailer and technology company, Amazon. The […]

Amazon, Samara Capital’s bid to acquire More gets CCI’s nod

INDIA –The Competition Commission of India (CCI) has approved the Samara Capital-Amazon joint bid to acquire Aditya Birla Group’s supermarket chain More. CCI informed the approval of the proposal to Witzig Advisory Services, the entity […]

Amazon and Samara to acquire food and grocery chain Birla’s More for US$584m

ASIA – Amazon, together with the India-focused private equity firm, Samara Capital have signed a deal to acquire Aditya Birla Group’s food and grocery store, More for US$584.26 million. According to two senior industry executives […]

Walmart unveils new last-mile delivery pilot to expand its grocery delivery services

USA – The American retail corporation Walmart has announced a new last-mile delivery pilot programme, Spark Delivery that will see timely grocery deliveries from their stores to customer’s front doors. Walmart is rolling out the […]