Food Delivery

Korean EC giant Coupang struggles to shake broken IPO moniker

With revenues exceeding $12bn (2020) and a market share exceeding 25% in Korea, Coupang is no minnow. The company operates a marketplace for home goods, apparel, beauty, electronics and a fresh business (called Rocket Fresh). Like Amazon, it also has an advertising business which has blossomed spectacularly. The only sour note is the share price …

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Hungry in Japan? Über Eats ‘new verticals’ wants to eat your lunch

Über Eats has just celebrated its fifth anniversary in Japan, its eighth global market. As in other markets it started focusing on restaurants. In Japan these were in up-market districts of Tokyo like Aoyama and Akasaka. Now the business claims to cover all 47 prefectures, facilitated by 100,000 delivery riders. Über Eats is steadily eating …

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Cheesecake Factory pivots to take-home & dials up indulgence. Naughty but nice!

American icon the Cheesecake Factory is navigating the pandemic by dialling up take home sales and using its 208 restaurants as delivery depots. It also chalked a deal with Doordash to smooth online order cycles and relieve staff pressures. ‘Talk triggers’ and ‘viral marketing’ are key components of the company’s playbook. There’s a menu that …

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Hollywood celebrities-cum-investors hunger for plant food start-ups, but does it matter?

There is no shortage of celebrities who besides the day-job, are turning green and punting big on plant food. Madonna has invested in Vita Coco, a coconut water business, Leonardo DiCapriccio owns a stake in Impossible Foods (and is a brand ambassador) and Serena Williams has gone into Baby food. A few months ago news …

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New CEO, new strategy? How can Danone fulfill its promise of One Planet, One Health, You?

A new CEO started work at Danone this week. Antoine de Saint-Affrique was previously at Barry Callebaut, a specialist (and hugely successful) chocolatier and before that Unilever. Danone’s share price has not shown any positive momentum this year and the previous CEO was forced out in March. There were multiple reports of a boardroom power …

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