Company Insights Talabat Food & Drink Talabat News Food & Drink Delivery Hero reports Mena revenue surge Germany’s Delivery Hero has reported a rise of almost 25 percent in second-quarter revenue from its operations in the Middle East and North Africa (Mena) region. The company said strong customer demand resulted in second-quarter Mena revenue rising 24.4 percent to €641 million ($706 million), up from €515 million a year earlier. The Berlin-based conglomerate […] August 10, 2023 Video length: 04:13 Food & Drink Supermarkets embrace UAE’s brand of plant-based meat Switch Foods, the plant-based meat brand based in Abu Dhabi, is now available at 133 stores across the UAE as the Gulf’s appetite for alternative diets continues to grow. Consumers can now buy its products from retailers including Carrefour, Organic Food Café, Grandiose, Geant, Union Coop, Sharjah Coop, Al Maya, Abella and Spinneys. Online purchases […] August 8, 2023 Opinion Food & Drink The food delivery race harms riders and businesses The whole affair feeds into the wider issue of rider welfare July 11, 2023 Food & Drink Deliveroo riding the storm in Kuwait and Qatar Kuwait and Qatar are predicted to continue to buck the trend as Deliveroo’s worldwide orders tumble. The online food delivery platform received 72.1 million orders worldwide in the first three months of this year, a drop of 9 percent over the same period last year, according to a statement from company headquarters in London. Earlier […] June 22, 2023 Food & Drink UAE food delivery sector has strong appetite for growth The UAE’s food delivery market is yet to reach saturation point, according to industry experts, and there is still plenty of room at the table for others to join the party. Statista, the Hamburg research platform, reported that the sector in the UAE is forecast to see annual growth of 6.33 percent overall through to […] February 22, 2023 Exclusive Food & Drink Cashless economy is at the door, says food delivery boss A cashless economy in the UAE is no longer just an ambition, according to Tatiana Rahal, managing director of food delivery giant Talabat UAE. “The future in the UAE is digital and we see cashless payments as the primary currency,” said Rahal, the company’s first MD who has previously worked on data analytics for brands […] January 23, 2023 Analysis Startup exits escalate in UAE The UAE is seeing an increase in startup exits this year, as the market matures while bigger players look to acquisitions to scale up their operations. The UAE Venture Investment Report, by research firm Magnitt, states that there were 10 startup exits in the Emirates in the first half of 2022, just one less than […] August 19, 2022 Food & Drink Healthy fast food startups aim to tackle growing GCC obesity Following its success in Dubai and Saudi Arabia, health food eat-in and home delivery company Under500 is set to expand to Qatar. The firm’s low-calorie meals – served in franchised venues across the UAE and Saudi Arabia and via online delivery services such as Talabat and Deliveroo – are to be ordered by customers in Doha through delivery […] August 15, 2022 Analysis Banking & Finance Consolidation coming to Gulf fintech, warns $40bn unicorn VP Consolidation is coming to the Gulf’s fintech sector, according to Remo Giovanni Abbondandolo, senior vice president for MENA at global payments processor Checkout.com. The London-headquartered fintech, which offers a full-stack platform that simplifies payments processes for large global enterprise merchants, closed a $1 billion Series D funding round in January. “In my opinion, if you’re […] August 5, 2022 Exclusive Tourism Munch:On makes old business model hard to swallow Low-cost meals delivered in bulk from restaurants is one of the only ways of making the food delivery business in the UAE truly sustainable. So says Dana Baki, co-founder of Munch:On, the platform recently acquired by Uber-owned, Dubai-headquartered Careem. Created in 2016 by Baki, Mohammad Al Zaben and Awn Ali, Munch:On is a subscription-based food […] July 4, 2022 Posts navigation Previous 1 … 3 4 5 Next
Food & Drink Delivery Hero reports Mena revenue surge Germany’s Delivery Hero has reported a rise of almost 25 percent in second-quarter revenue from its operations in the Middle East and North Africa (Mena) region. The company said strong customer demand resulted in second-quarter Mena revenue rising 24.4 percent to €641 million ($706 million), up from €515 million a year earlier. The Berlin-based conglomerate […] August 10, 2023
Video length: 04:13 Food & Drink Supermarkets embrace UAE’s brand of plant-based meat Switch Foods, the plant-based meat brand based in Abu Dhabi, is now available at 133 stores across the UAE as the Gulf’s appetite for alternative diets continues to grow. Consumers can now buy its products from retailers including Carrefour, Organic Food Café, Grandiose, Geant, Union Coop, Sharjah Coop, Al Maya, Abella and Spinneys. Online purchases […] August 8, 2023
Opinion Food & Drink The food delivery race harms riders and businesses The whole affair feeds into the wider issue of rider welfare July 11, 2023
Food & Drink Deliveroo riding the storm in Kuwait and Qatar Kuwait and Qatar are predicted to continue to buck the trend as Deliveroo’s worldwide orders tumble. The online food delivery platform received 72.1 million orders worldwide in the first three months of this year, a drop of 9 percent over the same period last year, according to a statement from company headquarters in London. Earlier […] June 22, 2023
Food & Drink UAE food delivery sector has strong appetite for growth The UAE’s food delivery market is yet to reach saturation point, according to industry experts, and there is still plenty of room at the table for others to join the party. Statista, the Hamburg research platform, reported that the sector in the UAE is forecast to see annual growth of 6.33 percent overall through to […] February 22, 2023
Exclusive Food & Drink Cashless economy is at the door, says food delivery boss A cashless economy in the UAE is no longer just an ambition, according to Tatiana Rahal, managing director of food delivery giant Talabat UAE. “The future in the UAE is digital and we see cashless payments as the primary currency,” said Rahal, the company’s first MD who has previously worked on data analytics for brands […] January 23, 2023
Analysis Startup exits escalate in UAE The UAE is seeing an increase in startup exits this year, as the market matures while bigger players look to acquisitions to scale up their operations. The UAE Venture Investment Report, by research firm Magnitt, states that there were 10 startup exits in the Emirates in the first half of 2022, just one less than […] August 19, 2022
Food & Drink Healthy fast food startups aim to tackle growing GCC obesity Following its success in Dubai and Saudi Arabia, health food eat-in and home delivery company Under500 is set to expand to Qatar. The firm’s low-calorie meals – served in franchised venues across the UAE and Saudi Arabia and via online delivery services such as Talabat and Deliveroo – are to be ordered by customers in Doha through delivery […] August 15, 2022
Analysis Banking & Finance Consolidation coming to Gulf fintech, warns $40bn unicorn VP Consolidation is coming to the Gulf’s fintech sector, according to Remo Giovanni Abbondandolo, senior vice president for MENA at global payments processor Checkout.com. The London-headquartered fintech, which offers a full-stack platform that simplifies payments processes for large global enterprise merchants, closed a $1 billion Series D funding round in January. “In my opinion, if you’re […] August 5, 2022
Exclusive Tourism Munch:On makes old business model hard to swallow Low-cost meals delivered in bulk from restaurants is one of the only ways of making the food delivery business in the UAE truly sustainable. So says Dana Baki, co-founder of Munch:On, the platform recently acquired by Uber-owned, Dubai-headquartered Careem. Created in 2016 by Baki, Mohammad Al Zaben and Awn Ali, Munch:On is a subscription-based food […] July 4, 2022