Food delivery firm Meituan surges 12%, leads China’s tech rebound
Meituan, a leading food delivery company based in China, has reportedly seen its shares rise 12% in Hong Kong after its fourth-quarter earnings and commentary wowed analysts. The stock ended a two-da....
URB-E partners with Square Roots to enable fast local food delivery
URB-E, a delivery network of compact containers, has reportedly partnered with Square Roots, an indoor farming leader, to implement fast and local food delivery. The fleet is used to deliver fresh pr....
UK: Foodbank users can’t afford to boil potatoes as fuel costs surges
Iceland Foods Ltd, the UK-based supermarket chain, has reportedly claimed that food bank users are refusing or unwilling to accept root vegetables such as potatoes as cooking them has become very expe....
EU puts flagship eco policies on hold citing food security concerns
The European Union has reportedly put two major environmental policies, pertaining to nature restoration as well as pesticides, on hold, supposedly citing concerns about the implications of Ukrai....
UK: Free-range eggs taken off market shelves due to avian flu outbreak
Free-range egg cartons have reportedly vanished off of UK supermarket shelves, as chickens across the nation are being kept under lockdown after the country reported its largest ever avian flu outbrea....
Kenya-based Apollo raises $40M in Series B led by Softbank Vision
Apollo Agriculture, an agriculture technology firm based in Kenya, has reportedly announced that it has raised more than $40 million in a Series B funding round led by Softbank Vision Fund 2. The Ser....
Instacart unveils feature to initiate product integrations with TikTok
Grocery delivery company Instacart has reportedly rolled out a new feature, Shoppable Recipes, to unveil new product integrations with Hearst and TikTok. Select TikTok food creators can start using t....
Bear Robotics raises $81M in a Series B led by IMM, Cleveland Avenue
Bear Robotics, an American robotic waitstaff manufacturing firm, has reportedly raised US$81 million in a Series B funding round led by IMM, as well as current investors such as Cleveland Avenue. Bea....
Russia-Ukraine war could cause global food crisis, UNFAO warns
The UN Food and Agriculture Organization (FAO) has reportedly warned that the war in Ukraine threatens to disrupt the supply of major staple crops, causing prices to soar and putting millions in dange....