food delivery

China’s tax agency cracks down on influencers, online merchants amid shrinking revenue

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China’s tax agency cracks down on influencers, online merchants amid shrinking revenue

China’s tax authority on Friday published a draft regulation that would require the operators of e-commerce, short-video and social media platforms to report the income of merchants and influencers. Under the current draft, which is soliciting public feedback until January 19, internet platform operators must report the identity, income and other tax-related information about revenue-generating … Read more

This billionaire bets AI will choose your meals for you in the future

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This billionaire bets AI will choose your meals for you in the future

Marc Lore — whose $650 million acquisition of Grubhub last month is helping him scale his food delivery and take-out company, Wonder — is betting that artificial intelligence may soon handle your meal selection and delivery. In fact, after a few months of testing the algorithm on himself, he believes it’s “dead on.” “I’ve already … Read more

Walmart partners with China’s Meituan for 30-minute deliveries ‘anytime, anywhere’

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Walmart partners with China’s Meituan for 30-minute deliveries ‘anytime, anywhere’

US retail giant Walmart is teaming up with Chinese on-demand delivery giant Meituan, promising speedy door-to-door service on the mainland, four months after it sold its stake JD.com, winding down the long-time partnership. Walmart’s China unit said on its official WeChat account that all of its stores across the country are now listed on Meituan’s … Read more

Exclusive | China’s Meituan to expand Keeta food delivery service to more Middle East cities, sources say

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Exclusive | China’s Meituan to expand Keeta food delivery service to more Middle East cities, sources say

Chinese food delivery giant Meituan, which operates the Keeta brand in Hong Kong and Saudi Arabia, is set to expand to more Middle Eastern and North African countries, according to two sources familiar with the matter. Keeta, which launched in the Saudi Arabian city of Al-Kharj in September and has since entered the capital Riyadh, … Read more

Grubhub in talks to be acquired by Marc Lore’s Wonder: report

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Grubhub in talks to be acquired by Marc Lore’s Wonder: report

Wonder, a food-delivery startup led by former Walmart executive Marc Lore, is in advanced talks to buy Grubhub from Amsterdam-based Just Eat Takeaway.com, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The European company had acquired Grubhub in 2020 in an all-stock deal for $7.8 billion, creating the world’s largest food delivery company outside … Read more

FSSAI directs online platforms to deliver food items with minimum 45-day shelf life

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FSSAI directs online platforms to deliver food items with minimum 45-day shelf life

Image for representation only | Photo Credit: Reuters Amid rising consumer complaints, food regulator FSSAI on Tuesday (November 12, 2024) directed e-commerce players selling food items on their platforms to ensure a minimum shelf life of 30% or 45 days before expiry, at the time of delivery to customers. According to an official statement, Food … Read more

Meituan riders out-earn the average worker in Beijing, data from food delivery giant shows

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Meituan riders out-earn the average worker in Beijing, data from food delivery giant shows

New data released by Meituan, China’s largest on-demand services provider, showed that its food delivery crews working in major cities such as Beijing, Shanghai and Shenzhen earn more on average than the local population. According to the report, Meituan delivery people who work in major cities and meet the company’s minimum work time requirement took … Read more

NTUC to form new platform work associations with legal powers if Bill passes

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NTUC to form new platform work associations with legal powers if Bill passes

SINGAPORE: The National Trades Union Congress (NTUC) said on Thursday (Aug 29) that it would form new platform work associations (PWAs) with a “legal mandate” to represent workers such as taxi drivers and food delivery riders. It would do so if the Platform Workers Bill is passed in parliament. It was introduced on Aug 6 … Read more

Food delivery rider wins damages over car accident, but hearing reveals he did not declare income or pay tax

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Food delivery rider wins damages over car accident, but hearing reveals he did not declare income or pay tax

SINGAPORE: A food delivery rider who was injured in a car accident sued the driver for damages, but it was revealed in the court hearing that he had failed to declare his income to the authorities and to pay income tax. The driver’s lawyers used this against the rider in arguments, with the judge calling … Read more

NYC food-delivery workers losing jobs after minimum wage hike: report

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NYC food-delivery workers losing jobs after minimum wage hike: report

New York City’s minimum-wage hike has boosted pay for food-delivery workers who have managed to hang onto their jobs, but thousands have lost work — even as the price to get a meal delivered goes through the roof, according to a report by city officials. A December law that hiked pay to nearly $20 an … Read more