Food Delivery Platform
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Uber's market debut sours most anticipated IPO since Facebook; only about a fifth of IPOs have ended first day of trading in red
•Uber's IPO was a watershed moment for the decade-old company, which was started after its founders struggled to find a cab on a snowy night.
Food delivery platform Swiggy expands services in eight new cities, partners with over 1,200 restaurants
•The new cities are Dehradun, Puducherry, Mysore, Vijayawada, Nashik, Guwahati, Kanpur and Ludhiana, Swiggy said in a statement.
Swiggy acquires on-demand delivery rival Scootsy for around Rs 50 cr; deal to strengthen curated restaurant footprint
•With this acquisition, Swiggy will further strengthen Scootsy's curated restaurant network and help the brand expand to newer cities on the back of its operational excellence and back-end strength, Swiggy said in a statement.
Starbucks' departing chairman Howard Schultz backs China prospects, hints at Jack Ma tie-up
•China has been a sweet spot for Starbucks for the past few years, with a burgeoning cafe culture driving rapid growth even as the market saturated back home.
Uber apologises for food delivery arm's sexist promotional message
Ians •Uber has apologised after its food delivery service's 'Wife Appreciation Day' promotion in Bengaluru was called out for being 'sexist' by the social media.