-
Uber posts Q2 loss of $2.6bn
Uber revenue more than doubled to $8.1 billion in Q2. Uber reported better-than-expected revenue in Q2, fueled by strong demand for the San Francisco-based firm's ride-hailing and food delivery services.
-
Food delivery drivers launch rare strike in UAE, demand pay rise
Food delivery drivers in the UAE went on strike Tuesday to demand better pay, the second such incident this month in a country where industrial action is uncommon. Many workers for Talabat, part of Germany's Delivery Hero, did not show up for their shifts, calling for a pay increase amid... -
Uber reports $892 mn Q4 profit
The San Francisco-based company notched increases across its operations, including its signature ride service, food delivery and freight operations. -
Jahez to raise $428m through IPO
HSBC is the financial advisor of the Saudi online food delivery startup. -
Online food delivery infra a necessity now
‘The delivery sector has become critical to the hospitality industry's survival,’ says Deliverect Middle East General Manager Naji Haddad. -
Bahrain mulls proposal to tighten control over food-delivery motorcycles
Bahrain is deliberating on a proposal to tighten control over food-delivery motorcycles in terms of traffic and health -
Careem to heat up food delivery business in Middle East
In a move aimed at further strengthening its market position by adding more verticals to its current portfolio, Careem on Sunday announced the taking over of UAE-based RoundMenu at an undisclosed amount. Following this acquisition, it is expected that Careem would start testing food delivery services through the restaurant listing...