Latest news with #fooddelivery
Zawya
20 hours ago
- Business
- Zawya
Early UAE merchants to gain competitive edge with Keeta's Founding Vendor Program
Dunkin Saudi Arabia sees 100% increase in order volume since joining Keeta Dubai, UAE – Keeta, the international subsidiary of Meituan — China's on-demand delivery giant, today announced the launch of its Founding Vendor Program in the United Arab Emirates. The initiative is designed to give early restaurant and retail partners a strategic edge ahead of Keeta's full-scale market rollout. As the global arm of Meituan - the world's largest food delivery company with an annual gross transaction volume of US$155 billion - Keeta harnesses the operational scale and technological depth of one of the world's largest food delivery platforms. Meituan's infrastructure — supporting over 150 million peak daily orders and more than 770 million global users — positions Keeta to bring a proven, globally successful model to high-growth markets. Keeta made headlines in the UAE earlier when it successfully piloted drone delivery in Dubai, reinforcing its commitment to innovation, last-mile excellence, and digital-first logistics. With this new merchant initiative, the company continues its momentum by deepening partnerships with the local business ecosystem. The Founding Vendor Program offers a suite of exclusive, limited-time benefits for merchants who join Keeta before its official public launch in the UAE: Zero setup cost: Vendors joining during the Founding Vendor Program will face no upfront costs — with 0 subscription and registration fees — making it easier and more accessible for merchants to onboard and start selling immediately. Priority exposure in national launch campaigns: Early vendors will be spotlighted in Keeta's nationwide marketing and advertising efforts, driving meaningful visibility and customer demand. Free access to in-app traffic: Unlike traditional platforms, Keeta's algorithm organically distributes customer traffic, eliminating the need for paid in-app promotions and leveling the playing field for all merchants. Driving demand and sustainable growth: Through elevated customer experiences, optimized cost structures, and strong consumer engagement, the platform helps merchants grow their user base and increase order volumes in a lasting, scalable way. 'The UAE stands at the crossroads of digital innovation and entrepreneurial opportunity,' said Cynthia Chen, General Manager of Keeta UAE. 'Our Founding Vendor Program is a gateway for local businesses to tap into a high-growth digital ecosystem, backed by global tech, smart infrastructure, and a commitment to merchant-first success. We believe this market has the potential to shape the future of delivery — and we want our earliest partners to help lead that transformation.' Merchant experiences in other Keeta markets highlight the real, measurable impact of this partnership model. 'Partnering with Keeta has been a game-changer for our business. Since onboarding, we've seen a 100% increase in order volume and expanded our customer base by over 100%. What stood out most was their deep understanding of our needs and their ability to deliver tailored solutions that actually drive growth. It's rare to find a partner so committed to long-term success,' commented Emad Abdalazez, Head of Delivery at Dunkin Arabia. Interested merchants can apply to join the Founding Vendor Program by contacting the Keeta UAE partnerships team at Limited slots are available during this early phase. With this program, Keeta is not only lowering the barriers to entry — it is also creating a foundation for long-term, sustainable merchant success. By combining global operational expertise with local insight, Keeta is setting a new benchmark for food delivery in the UAE. 'We're here to do more than deliver food — we're here to build lasting value for our partners,' added Chen. 'By combining powerful tech, localized support, and real growth opportunities, we're creating a platform where UAE businesses can thrive from the very beginning.'
The National
2 days ago
- Business
- The National
Food delivery apps given UK asylum hotel locations in crackdown on illegal working
The British government will share the locations of hotels housing asylum seekers with food delivery companies in a bid to crack down on illegal working. The Home Office announced the measure after reports of emerged of migrants working illegally for Deliveroo, Uber Eats and Just Eat in central London. Asylum seekers are not allowed to work during their first 12 months in the UK, or until their application is approved. However, they have been able to work for delivery apps through legal workers giving them access to their accounts in return for a fee. The new agreement with Deliveroo, Just Eat and Uber Eats will allow them to identify if an account spends a lot of time near one of the hotels, which could suggest illegal working. It will help them uncover abuse on their platforms and suspend accounts. Home Secretary Yvette Cooper said the measures come alongside a 50 per cent increase in raids and arrests for illegal working. 'Illegal working undermines honest business, exploits vulnerable individuals and fuels organised immigration crime,' she said. 'By enhancing our data sharing with delivery companies, we are taking decisive action to close loopholes and increase enforcement.' The three delivery companies were recently summoned for talks with the Home Office after measures introduced earlier this year were still failing to filter out illegal workers. In response they introduced enhanced right to work checks, including facial recognition, which has already resulted in thousands of drivers being barred from using apps. Footage released by the Home Office shows drivers being stopped by immigration enforcement officers and having their IDs checked. Drivers were then seen being taken into custody, including one in handcuffs. Eddy Montgomery, Director of Enforcement, Compliance and Crime at the Home Office, said: 'This next step of co-ordinated working with delivery firms will help us target those who seek to work illegally in the gig economy and exploit their status in the UK. 'My teams will continue to carry out increased enforcement activity across the UK and I welcome this additional tool to disrupt and stop the abuse of our immigration system.' Ministers have promised a 'nationwide blitz' to target migrants working illegally as part of efforts to deter people from coming to the UK from France. Officials hope to tackle the 'pull factors' attracting migrants, alongside the deal struck by British Prime Minister Keir Starmer and French President Emmanuel Macron this month to send some people who reach England in small boats back to France. More than 23,500 migrants have arrived in the UK after crossing the English Channel so far in 2025, a record for this point in the year.
The National
2 days ago
- Business
- The National
UK clamps down on illegal food delivery drivers
Migrants have been working for Deliveroo, Just Eat and Uber Eats by paying legal riders to use their ID
BBC News
2 days ago
- Business
- BBC News
Home Office to share asylum hotel locations with Deliveroo, Just Eat and Uber Eats
The location of hotels housing asylum seekers will be shared with food delivery companies as part of a crackdown on illegal working, the Home Office has agreement with Deliveroo, Just East and Uber Eats enables the firms to identify behaviour which indicates illegal working, such as an account spending a lot of time near one of the measure is also aimed at stopping delivery riders sharing their accounts with migrants who do not have the right to work in the UK. Asylum seekers are not allowed to work for the first 12 months of being in the UK, or until their asylum application is approved. But concerns have been raised that some migrants in the hotels have been earning money on the month, the food delivery firms committed to tightening checks on riders' identities and whether they had a right to work in the UK. The Home Office said this action had led to thousands of people being removed from the platforms, and it hoped the new measures would go further. "Illegal working undermines honest business, exploits vulnerable individuals and fuels organised immigration crime," said Home Secretary Yvette Cooper. "By enhancing our data sharing with delivery companies, we are taking decisive action to close loopholes and increase enforcement."Deliveroo, Just Eat and Uber Eats said they were committed to the plan and would be stepping up enforcement. It comes as the government on Wednesday unveiled wide-ranging sanctions aimed at preventing illegal migration to the UK. The government released a list of 25 individuals and entities being targeted, including a small boat supplier in Asia and gang leaders based in the Balkans and North list also included people accused of sourcing fake passports, middlemen facilitating illicit payments and gang members involved in people-smuggling via lorries and small Secretary David Lammy said the move was a "landmark moment"."My message to the gangs who callously risk vulnerable lives for profit is this: we know who you are, and we will work with our partners around the world to hold you to account," Lammy said in a statement. However, some experts warned the impact was likely to be limited. Dr Madeleine Sumption, director of Oxford University's Migration Observatory, she would be "surprised" if the sanctions were the "game changer" to end small boat crossings."There are so many people involved in the industry that targeting people individually is probably only going to have an impact around the margins," she told BBC Radio 4's Today programme.
Yahoo
2 days ago
- Business
- Yahoo
Here's What to Expect From DoorDash's Next Earnings Report
Valued at $101.9 billion by market cap, San Francisco, California-based DoorDash, Inc. (DASH) provides restaurant food delivery services. The company develops technology to connect customers with merchants through an on-demand food delivery application. DoorDash is gearing up to announce its second-quarter results after the market closes on Wednesday, Aug. 6. Ahead of the event, analysts expect DASH to deliver a profit of $0.42 per share, marking a significant improvement from the loss of $0.38 per share reported in the year-ago quarter. While the company has surpassed Street's bottom-line projections twice over the past four quarters, it has missed the estimates on two other occasions. More News from Barchart Opendoor Stock Is Surging Higher in a Frenzied Retail Rally. How Should You Play OPEN Shares Here? Nvidia Stock Warning: This NVDA Challenger Just Scored a Major Customer Analysts Are Cutting Their Price Targets for UnitedHealth Stock Before Q2 Earnings. Is It Time to Ditch Shares? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full fiscal 2025, analysts expect DoorDash to deliver an EPS of $2.16, significantly up from the $0.29 reported in fiscal 2024. In fiscal 2026, its earnings are expected to further surge 62.5% year-over-year to $3.51 per share. DASH stock prices have soared 129.5% over the past 52 weeks, significantly outperforming the S&P 500 Index's ($SPX) 13.4% returns and the Consumer Discretionary Select Sector SPDR Fund's (XLY) 18.8% gains during the same time frame. DoorDash's stock prices plunged 7.4% in the trading session after the release of its mixed Q1 results on May 6. The company's total orders jumped 18% year-over-year to 732 million, while its marketplace gross order value surged by 20% to $23.1 billion. Meanwhile, its revenues increased 20.7% year-over-year to $3 billion, but missed the Street's expectations by 2.3%. Nevertheless, its EPS came in at $0.44, marking a notable improvement from $0.06 loss per share in the year-ago quarter, and surpassing the consensus estimates by 10%. The consensus opinion on DASH stock is cautiously optimistic with a 'Moderate Buy' rating overall. Of the 37 analysts covering the stock, opinions include 23 'Strong Buys,' two 'Moderate Buys,' and 12 'Holds.' As of writing, the stock is trading slightly above its mean price target of $237.82. On the date of publication, Aditya Sarawgi did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
