Food & Drink

Grab Holdings—the ride-hailing super app cofounded by tycoon Anthony Tan—expects the robust growth in its food delivery business to continue after net sales nearly doubled in the first quarter. Adjusted net sales for deliveries climbed 96% to $293 million the first quarter ended March compared to the previous year, offsetting the weakness in the group’s
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From portion sizes to exclusives, we got Doritos in the UK and US to find out the big differences between the two. MORE FOOD WARS VIDEOS: US vs UK Snickers | Food Wars US vs UK Jollibee | Food Wars 11 Surprising Chemicals Used In Domino’s, Taco Bell, and Other Fast Foods | Food Wars
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This story is part of Forbes’ coverage of Singapore’s Richest 2021. See the full list here. Pandemic-driven demand for food products benefited agribusiness giant Wilmar International, which reported a 19% rise year-on-year in both revenue and net profit last year to $51 billion and $1.5 billion, respectively. “Food is the biggest business” in China and India,
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American children and adolescents now get two thirds of their calorie intake from ultraprocessed foods, according to a new study which analyzed responses from 33,795 participants over 20 years. According to the Harvard University Health Blog, unprocessed or minimally processed foods are raw, or minimally changed foods such as fresh or frozen fruit and vegetables
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Move over, coconut: Prickly pear, commonly known as cactus fruit, is coming to the beverage market in a big way. Citing significantly smaller amount of calories, carbs, extra multivitamin nutrients, and more sustainable farming than coconut, CPG entrepreneurs are increasingly pivoting prickly pear as the next superfood ingredient for functional beverages.  Vanessa Hudgens and Oliver
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Access to co-manufacturers, marketing and branding expertise, and investors is pivotal to budding entrepreneurs in the consumer goods industry, especially those who are probably equipped with the next groundbreaking ideas, but short of relevant resources and connections. Natural product entrepreneurs Mike Fata and Greg Fleishman learned that firsthand when starting their businesses decades ago. After
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Office landlord Filinvest REIT Corp.—controlled by the family of billionaire Mercedes Gotianun—is proceeding with its initial public offering even as food manufacturing giant Del Monte Philippines pulled its IPO due to volatile market conditions. Banking on the booming demand for office space from the business process outsourcing industry, Filinvest REIT will proceed to list on
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