SAO PAULO, Jan 6 (Reuters) – Uber (UBER.N) said on Thursday it will end its Uber Eats restaurant delivery service in Brazil from March 7 and focus instead on deliveries by its online groceries provider Cornershop and on Uber Direct, a delivery service for stores.
Brazil Journal, citing sources close to the matter, said the move is part of a global repositioning strategy under which Uber is looking to close unprofitable operations. Uber did not give a reason for closing Uber Eats Brazil in its statement.
Uber’s move comes amid fierce competition in food deliveries in Brazil, where other providers include Rappi, which is backed by SoftBank Group Corp (9984.T), and iFood, part of Movile, a technology group backed by Prosus (PRX.AS).
Both Movile and Rappi, which has considered an initial public offering, raised million of dollars last year to fund operations in Latin America.
Sayurbox developed a same-day farm-to-table ecommerce app, handled 3X demand spike, doubled last-mile delivery speed, and launched a strategic plan to empower rural farmers with Google Maps Platform.
- Enables more delivery slots by reducing driver assignment planning from six hours to under 10 minutes
- Frees up funds for app development by reducing cost-per-order by 25%
- Brings new logistics capabilities that help make it possible to handle a 3X spike in demand
Across Indonesia, smallholder farmers in traditional ‘kampungs’, or villages, grow an astounding variety of premium produce from kale to papaya and avocados. Meanwhile, there’s also a surging urban middle class that is looking for healthier and more varied food choices. But what sounds like a recipe for growth and success is often held back by distribution hurdles. “Millions of smallholder farmers can’t take advantage of these opportunities,” according to the UN’s International Fund for Agricultural Development. “Farmers don’t have logistics infrastructure to sell directly to consumers, leading to multiple middle men, an inefficient supply chain, and high waste.”
Company opens the first industrial cultured meat facility, with immediate outlook toward U.S. expansion.
REHOVOT, Israel, June 23, 2021 /PRNewswire/ — Future Meat Technologies, an industry-leading company developing innovative technology to produce cultured meat, has opened the world’s first industrial cultured meat facility. With the capability to produce 500 kilograms of cultured products a day, equivalent to 5,000 hamburgers, this facility makes scalable cell-based meat production a reality.
“This facility opening marks a huge step in Future Meat Technologies’ path to market, serving as a critical enabler to bring our products to shelves by 2022,” says Rom Kshuk, CEO of Future Meat Technologies. “Having a running industrial line accelerates key processes such as regulation and product development.”
Currently, the facility can produce cultured chicken, pork and lamb, without the use of animal serum or genetic modification (non-GMO) with the production of beef coming soon. Future Meat Technologies’ unique platform enables fast production cycles, about 20-times faster than traditional animal agriculture.
Burger chain McDonald’s Corp MCD.N on Monday decided to debut a line of plant-based meat alternatives called “McPlant” in 2021, including a patty that Beyond Meat subsequently said it helped co-create.
“Beyond Meat and McDonald’s co-created the plant-based patty which will be available as part of their McPlant platform,” a Beyond Meat spokesperson said in an email.
Shares of Beyond Meat initially fell as much as 8% after McDonald’s announcement, but recovered to end 4% lower after the plant-based meat company said it had a role in creating the McPlant patty. It did not provide additional details.