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Jakarta-based cloud kitchen startup Legit Group gets Series A to take over the rest of Indonesia

Legit Group, a cloud kitchen brand operator based in Jakarta, has its eyes on the rest of Indonesia after raising a $13.7 million Series A. The round was led by MDI Ventures, the venture capital arm o

Southeast Asia farm-to-table startup Secai Marche raises Series A

Secai Marche, a farm-to-table fulfillment platform serving farmers in Japan and Southeast Asia, announced today it has raised 210 million Japanese yen (about $1.6 million USD) in Series A funding. The

Melbourne-based mobile ordering platform Mr Yum lands $65M led by Tiger Global

QR code ordering at restaurants has been around for years, but the pandemic increased its adoption as social distancing and hygiene measures went into place. Mr Yum, a Melbourne-based mobile ordering

YC-backed Tablevibe’s customer surveys help restaurants reduce their reliance on delivery apps

Food delivery apps offer convenience for customers, but a host of headaches for restaurants, like commissions as high as 40% and very few tools to build customer loyalty. Based in Singapore, Tablevibe

By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens

Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. This means the responsi

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A

Hangry, an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. The round was led by returning investor Alpha JWC Ventures and i

Malaysia-based inventory management platform Food Market Hub raises $4 million from Go-Ventures, SIG

Many restaurants still rely on spreadsheets to track their inventory of produce, meat and other ingredients. But using manual methods often results in food wastage and higher costs. Malaysia-based Foo

Facebook officially loses $123 billion in value

In what could be the biggest one-day drop of all time, Facebook shares opened at $174.89, down 19.6 percent compared to yesterday’s closing price of $217.50 (NASDAQ:FB). When it comes to market capi

Facebook has lost $60 billion in value

Facebook is having a bad day… for the second day in a row. Following the Cambridge Analytica debacle, Facebook shares (NASDAQ:FB) are currently trading at $164.07, down 4.9 percent compared to yeste

Surging tech stocks have pushed Nasdaq over 6000 for the first time ever

The Nasdaq composite just passed 6000 for the first time, hitting an all-time intraday high in the process. Over the past 12 months the composite is up nearly 32%. The majority of this strong perform

Facebook f8 2014 Developer Conference Keynote Live Blog

Today is the day: Facebook kicks off its 2014 f8 Developer Conference in San Francisco, with a keynote beginning at 10 AM PT (1 PM ET). You can follow along right here as we bring you live updates fro

Facebook Shares Jump 16 Percent After Good Earnings And Paper Announcement

Facebook shares (NASDAQ:FB) have already been on the rise for the past few months, which makes today’s performance even more impressive — shares opened at $62.12, sixteen percent above yes

Facebook Shares Open At $38.22, Finally Return To IPO Price After A Year Of Turmoil

Facebook shares (NASDAQ:FB) finally broke the psychological glass ceiling of $38 a share, Facebook’s IPO price. Currently trading at $38.22 a share, the stock is slightly up 1.52 percent compare

Zuckerberg Now Owns 29.3 Percent Of Facebook’s Class A Shares And This Stake Is Worth $13.6 billion

Facebook announced in an <a target="_blank" href="http://investor.fb.com/secfiling.cfm?filingID=1193125-13-55365&CIK=1326801">SEC filing</a> that founder and CEO Mark Zuckerberg now owns 29.3 perc