November 17, 2021 | GroceryGeniuses Blog

FoodPanda to launch drone delivery of food orders in Pakistan via PandaFly

GroceryGeniuses November 17, 2021

FoodPanda, a food delivery firm, is currently piloting drone delivery of food orders in Pakistan. The delivery firm is in the process of launching “PandaFly” in collaboration with Woot Tech, a Pakistani aerospace company. The drone is capable of delivering a maximum payload of 5kg at 90 km/h speed. The firm will not deliver food orders directly to consumers’ doorsteps. PandaFly drones will fly to a specified drop-off point where the Foodpanda rider will receive and hand it over to customers.

The international expansion of China’s JD.com platform might not be good news for Amazon

GroceryGeniuses November 17, 2021

JD.com, a Chinese flagship online retailer and a tech giant, is planning to increase overseas investments. The online firm will soon tap some international regions. JD’s retail rival Alibaba already has expanded its presence across the borders. These moves from Chinese retailers might pose a threat to the E-commerce giant Amazon. The tech giant is willing to remould its warehousing, logistics or supply chain strategies. The brand believes in the ideas of sustainability and welcomes the nation’s regulations too. JD.com is eyeing expansion in Europe and Vietnam initially.

Restaurant Brands International, Burger King’s parent firm, has acquired Firehouse Subs for $1B

GroceryGeniuses November 17, 2021

Burger King’s parent owner Restaurant Brands International has recently bought Firehouse Subs, a sandwich chain, for $1 billion. The restaurant conglomerate is looking to buy more chains and is currently busy amping up Tim Hortons and helping Popeyes Louisiana Kitchen grow. Firehouse Subs, founded in 1994, expects $1.1 billion in systemwide sales for 2021. Its same-store sales hiked 20% compared with the same time two years back.

Walmart’s fiscal third-quarter earnings surpassed Wall Street’s expectations as price-sensitive shoppers stuff their carts

GroceryGeniuses November 17, 2021

Walmart’s fiscal third-quarter earnings surpassed Wall Street’s expectations as price-sensitive shoppers stuff their carts. Earnings per share went up $1.45 adjusted, exceeding the expected price of $1.40. The Q3 earnings went up as price-sensitive shoppers jammed the Walmart stores when they heard about the rising inflation. The retailer placed its seasonal inventory orders early to meet the festive demand and has prioritized space delivery. Walmart’s inventory is up 11.5%, just in time for the busy shopping season.

Calgary-based KORITE partnered with Alibaba’s Tmall to tap the Chinese region

GroceryGeniuses November 17, 2021

KORITE, a Canadian Ammolite gemstones retailer, has unveiled its digital store on a B2C e-commerce platform. The digital store is launched on Alibaba’s Tmall platform and will offer iconic Ammolite gemstones exclusively available in Alberta to Chinese consumers. Export Now, the leading North American operator of China e-commerce solutions, has designed The Tmall flagship store. The affluent Chinese consumer base looks for luxury items. They also believe in the healing and Feng Shui properties of these gemstones. Thus, the lady luck smiles and encourages KORITE to make this retail venture successful.

Instacart unveils its first brand campaign to kick off the upcoming festive season

GroceryGeniuses November 17, 2021

Instacart has just launched its first-ever integrated brand campaign called “How Homemade is Made.” This campaign will commemorate the celebration of Thanksgiving and Christmas festivities. Instacart has shed light on the importance of families enjoying themselves together by sharing delicious meals. This campaign also accentuates the delivery firm’s chance to partner with giant grocers and deliver ingredients at shoppers’ doorsteps. The promotion ads will show directly shoppable recipe ingredients with an instant QR code. The delivery platform has partnered with some content creators as well to foster the digital efforts. Instacart was a great help when consumers rediscovered recipes while cooking at home during the pandemic.