Health brand Salad Stop! strives to be unstoppable
The Singapore brand Salad Stop! is unstoppable. The company raised S$12m in Series B funding, led by Temasek holdings with participation from big name investors such as US-based Vulcan Capital, Singapore’s K3 Ventures, Indonesian VC East Ventures and existing investor DSG Consumer Partners. The brand has successfully expanded to Indonesia and the Philippines. Recognizing the need to address gaps in secondary cities and less polished parts of the capitals, Salad Stop introduced Heybo, serving warm food featuring local flavors and Wooshi, a maki roll concept. With focus on delivery during the pandemic, Salad Stop! is investing in technology to improve their online sales experience. In the past, it worked with delivery companies but is now working to develop its own sales channels. Taking sustainability up several notches, it is focused on sustainability in its operations. It is set to open the first net zero outlet in Singapore this year, focusing on reducing water consumption, using more plant- based options to reduce carbon footprint. For the construction, it looks carefully at building materials, lighting, solar panels, and utilizing upcycled materials.
Delivery wars in Japan
30
A win-win solution for fighting food waste in Australia
Here’s a sobering reality: 30% of all the world’s farmland is used to produce wasted food. The cosmetic standards of the supermarkets mean an astounding amount of great food never reaches our plates. In Australia, 25% of all produce does not even leave the farm. To address this problem, newly launched start-up, Good & Fugly is rescuing perfectly imperfect fruit and vegetables to curate seasonal boxes to be delivered to consumers’ doors. Customers can order $39 and $59 boxes, which include free delivery. Farmers are encouraged to cut down food waste by contacting the Good & Fugly team to offload their not so pretty produce. While the fruit and veg inside the boxes may look quirky, it doesn’t impact its nutritional value. This means consumers can eat well and fight food waste at the same time. With 3% of Australia’s carbon emission coming from organic waste, Good & Fugly provides a perfectly imperfect solution for consumers and farmers to make more responsible choices to reduce waste and carbon emissions.
German food delivery giant Delivery Hero entered Japan a year ago under the Foodpanda brand in Asia. The pandemic saw a rise in demand for food delivery and Foodpanda saw this as an opportunity in Japan, the world’s third largest economy, but over a year later, it pulled out due to increased competition and shortage of drivers. The company faced stiff competition from Japan’s two biggest players: Uber Technologies and local operator Demae-can. Uber has over 130,000 restaurants and
stores while Demae-can has over 100,000. Foodpanda’s exit reveals Japan’s competitive delivery market, which makes it difficult for smaller players to attract customers and delivery staff. The food-delivery industry is expected to grow, with markets in Southeast Asia, projected to increase to $23bn in 2025 from $212bn in 2021. The market in Japan is expected to grow by 38% to $5.9bn by 2023, but as Foodpanda’s decision shows, huge volume and density is necessary to be profitable.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132
