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
Food & Drink
Growing up in the Netherlands, Rip Pruisken’s favorite treat was the stroopwafel, a near universal treat in the country. But while he was attending Brown University, he found that it was largely unknown in the US. Pruisken sat out to change that with the launch of Rip Van, which has grown into a better-for-you snack
Global warming has forced wine regions around the world to consider new grape varietals that can better withstand the forecasted rise in temperatures. One such wine grape, Marselan, appears to be gaining more traction in Bordeaux, China and Napa Valley. “We set up a test plot of Marselan in 2016,” reported Laurent Rousseau, owner of
After a two year hiatus, the New York City Wine & Food Festival is set to return to the Big Apple from October 14th through October 17th, 2021. The four day extravaganza is billed as the largest of its kind in the five boroughs, encompassing walk-around tastings, celebrity chef-hosted dinners, culinary demonstrations and more. In
As the sun shone down between the clouds, illuminating the medieval buildings and ancient abbeys, a little girl took a deep breath. Life was an enchanting dream in the Wachau Valley, Austria – tiny villages with steep hills planted with vines along the old dry-stone terraces that were constantly refreshed with the breezes from the
Do you ever order your main course based on the side that comes with it? I know that I do. And this time of year, if I see a corn, butterbean and tomato side dish, a.k.a. succotash, I almost always order it. Better yet, I make it myself at home. In restaurants and editorial test kitchens, succotash
Jollibee Foods—controlled by billionaire Tony Tan Caktiong—has agreed to take full control of dim sum chain Tim Ho Wan as the Philippine fast food giant accelerates expansion plans overseas. The company said on Wednesday it’s acquiring the remaining 15% stake in Tim Ho Wan from its partner Titan Dining LP for S$71.6 million ($52.7 million).
Wine from Europe and Chile wine enjoyed big gains in market share and sales in China in the first half of the year at the expense of Australian wine hit with tariffs in connection with that country’s ongoing trade and political disputes with China. France took 35% of China’s wine imports by volume in the
As travel restrictions began to ease this year, the first big trip I booked was to San Miguel de Allende, Mexico. Several years ago, I had visited the colonial hill town, staying at the iconic Rosewood San Miguel de Allende for the spectacular Day of the Dead celebration, which I wrote about here. That experience
Summer is coming to a close and as some markets return to normality, many of the world’s biggest whisky brands are moving ahead with new product releases, some destined for bars and others for the luxury retail space. From 80-year-old releases, to expressions completely out of character for certain distilleries, here are some of the
It seems like everyone I know could use a drink right now. Whether they’re raising a glass to the last days of summer or bracing themselves for what could be a rough fall, a well-made cocktail has felt like a necessity for the past year. Besides, if you’re working from home, who would even know if
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
IHOP wants you to pair your French toast with a mimosa, and your “IHOb” burger with a beer. Finally. The company today announced a “Bubbles, Wine & Brews” menu, featuring curated and locally sourced beer and wine options, as well as Bud Light, Blue Moon and Corona, and mimosas and wines from Barefoot–Bubbly Brut, Bubbly
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,
Unlike many burger and pizza chains, most barbecue eateries stay local. The bbq that thrives in Kansas City doesn’t resonate with clientele in Houston, which explains why most chains flourish regionally but not nationally. But Mighty Quinn’s, a New York City-based bbq chain with eight locations and one kiosk at Yankee Stadium and two at
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
In November, Pizza Hut became the first major pizza company in the U.S. to add plant-based meat to its menu with the launch of the Beyond Italian Sausage Pizza and Great Beyond Pizza. The company must like what it’s seen so far, announcing today an extension of its Beyond Meat BYND partnership with a
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
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
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