Here’s what you should know.

1. Singapore’s Honestbee to launch food delivery

This move comes just a few months after it launched an on-demand laundry service. The upcoming launch of meal deliveries, announced via Facebook, puts Honestbee in a hyper-competitive space in Singapore filled with established players like UberEats and Deliveroo.

Because it serves as a layer between services and consumers, the startup will need to build up a huge volume of deliveries to make up for its thin margins. Food deliveries may pair well with groceries, because in Singapore restaurants are often located near supermarkets in the same shopping malls.

Read the rest of the story here.

 

2. Alibaba’s Mr. Fresh provides direct access to China’s online market

What is Tmall Fresh? Tmall Fresh is the organisation’s new portal for perishable products.

“Tmall Fresh has been launched to meet the growing demand for fresh produce. It is becoming the online sales channel for perishables in China. Products include seafood, meat, dairy and, increasingly, fresh fruits,” says He Chunlei, CEO of Tmall Fresh.

What is Mr. Fresh? To assist rookie foreign fresh produce exporters in overcoming difficulties that come with market entry, Mr. Fresh was introduced alongside Tmall Fresh.

Mr. Fresh is designed to meet both the needs of the supplier and the consumer. Fruit varieties that are currently sold are New Zealand kiwifruit, Thai durian, Chilean cherries and Vietnamese mangoes. The company’s goal is to help foreign companies enter the B2C market in China by providing them with a complete solution package.

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3. Indonesia Q4 GDP growth below 5% on cooled consumption

Indonesia’s gross domestic product grew 4.94% in the fourth quarter, the slowest pace since the opening three months of last year, as household consumption cooled and government spending contracted.

Indonesia faces uncertainty surrounding US policies under President Donald Trump and in one of its other main trading partners China.

Read the rest of the story here.

 

4. Amazon Echo advert targets Super Bowl audience for drone delivery in the US

The man is seen licking the Doritos’ orange cheese residue from his fingertips and returning them to the bowl for another helping. At this point, the woman says to a nearby Echo, “Alexa, reorder Doritos from Prime Air.” The Echo-Alexa system responds, “Ok, look for delivery soon.” At this point a drone comes into focus in the background.

Fine print at the end of the commercial warns viewers that drone delivery isn’t available in any US cities from Amazon Prime Air. Yet. A spokesperson for Amazon declined to answer questions about timing for the start of drone delivery in the US.

Read the rest of the story here.

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