News

Kimly acquires SG$55.8m worth of food outlet properties

It consists of four new coffee shops, three industrial canteens and a restaurant unit.

BreadTalk to be delisted from SGX

Its major shareholders offered to buy all of its other shares for $0.77 apiece.

Latest Tealive store opens in Melbourne

It trades in a 2.2 x 2 metre-space.

Deliveroo Singapore's breakfast, late night orders grew 5 times in 2019

Approximately 300 new partner restaurants are added each month on their platform.

Jollibee Foods Corporation's net income dips 14.4% in 2019

The fast food giant recorded a system-wide sales growth of 14.9% to P243.8 bn (US$4.8 bn).

Foodpanda's expanded delivery services now in Hong Kong

Meanwhile, its Singapore business launched a whole-day groceries delivery service.

Six in 10 Singaporean restaurateurs unprepared with COVID-19 outbreak

57% were expecting to experience more than a half of revenue loss over the next three months.

Tealive owner eyes IPO this year

The company might be valued at about RM 1 billion (US$242 million).

Chaayos owner raises US$21.5 million investment

The company eyes to bring its total store count to 300 across India.

First Applebee's in India scheduled to open in late 2020

Additional openings are planned over the next seven years.