food delivery service Archives

The fresh investment from the Vision Fund of Softbank Group brings the total financing secured by Singapore-headquartered Grab over the past year to more than $4.5 billion.

Ride-hailing firm Grab secures $1.5bn from Saudi-backed fund

by AFPWed 6 Mar 2019Wed 6 Oct 2021

Grab has seen its business grow rapidly since it bought US-based rival Uber’s regional ride-hailing and food business in March last year

food delivery

Zomato to introduce bicycles for its last mile delivery in India

by James MathewTue 12 Feb 2019Wed 6 Oct 2021

Zomato has made a target of replacing 40 percent of its current fleet motor bikes with e-cycles over the next two years

In Dubai, Rob says the company is looking at producing and delivering its own food from a warehouse “so we can get the data on the food and know exactly how many calories are in it.”

Abul Rob

‘Healthy’ Deliveroo-style app to launch in Dubai and London

by Alicia BullerSun 10 Feb 2019Wed 6 Oct 2021

Pronto Eat founder, Abul Rob, speaks to Arabian Business about why the world needs another takeaway delivery app

The UAE business sell of plan is said to be part of Zomato’s efforts to raise $500m to $1 billion in fresh funds to shore up its capital to take on its rivals such as Swiggy.

Delivery Hero

India-based Zomato said to plan exit from UAE business

by Staff writerWed 6 Feb 2019Wed 6 Oct 2021

UAE was the first market outside India that Zomato launched its food delivery business

brick and mortar restaurants

Profitability of virtual restaurants can surpass that of brick and mortar, says Uber Eats regional GM

by Staff WriterMon 14 Jan 2019Wed 6 Oct 2021

Customers can only access a VR via a virtual storefront on an app or website

Damien Drap

Video: How Uber Eats is raking in the money

by ITPWed 21 Nov 2018Wed 6 Oct 2021

Uber Eats is growing at 150 percent worldwide. In Dubai the business has doubled in size every six months since it launched.

Profitable in more than 40 cities, Uber Eats currently operates in more than 400 cities worldwide, up from 200 two years ago when it first began operations in Dubai.

Abu Dhabi

Uber Eats doubles its Dubai business every six months, says GCC exec

by Shayan ShakeelWed 21 Nov 2018Wed 6 Oct 2021

Ride-hailing service’s food delivery division in Dubai is outpacing global growth rates in the region

@colourmyplatedubai

Entrepreneur of the Week: Hala Barghout of Colour My Plate

by Staff WriterSat 6 Oct 2018Thu 28 Oct 2021

The young entrepreneur says she plans on expanding Colour My Plate beyond the Middle East and into the global market

Deliveroo was in financing talks last year with SoftBank Group Corp, one of Uber’s major investors. The negotiations abruptly ended after SoftBank concentrated on backing Uber.

Dara Khosrowshahi

Uber in talks to buy Deliveroo in possible $2bn-plus deal

by BloombergSun 23 Sep 2018Wed 6 Oct 2021

Uber CEO Dara Khosrowshahi has made the company’s food-delivery business a top priority ahead of a planned initial public offering in the second half of 2019

Careem

Careem acquires Middle East online restaurant listing platform

by Staff Writer Sun 18 Feb 2018Thu 7 Oct 2021

Careem said it will begin testing a delivery capability for RoundMenu customers

The traditional food delivery process has given way to the modern convenience of online ordering

E-commerce

Dealing with the challenge of third-party food delivery services in the UAE

by Ian OhanMon 12 Feb 2018Thu 28 Oct 2021

Opinion: What every restaurant merchant in the UAE has learned the hard way but is afraid to say