F&B

Treasure Global Reports First Quarter Fiscal Year 2024 Results

Retrieved on: 
Wednesday, November 15, 2023
Ministry, Perbadanan Nasional Berhad, Boost, Food, TGL, F&B, Letter, Artificial intelligence, Health, Foodservice, Domestic trade, Partnership, Department of Tourism (Philippines), Growth, Cost, HBD, Travel, Cryptocurrency, Customer service, Medical device, Video game, Film industry, Tencent, Axiata, Hong Kong

NEW YORK and KUALA LUMPUR, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Treasure Global Inc (NASDAQ: TGL) (“TGL,” or the “Company”), an innovative technology solutions provider, today reported its financial results for the first quarter of fiscal 2024 ended September 30, 2023, and provided a business update.

Key Points: 
  • A total of 1.33 million transactions were transacted by our registered users over the first quarter and quarter to date for fiscal year 2024.
  • Total revenues for the first quarter ended September 30, 2023, were $13.5 million, compared with $15.6 million for the first quarter in 2023.
  • Gross profit for the first quarter 2024 was approximately $0.16 million, a 338% improvement year-on-year, from approximately $0.04 million for the first quarter 2023.
  • Net loss of approximately $2.1 million for the first quarter of 2024, compared to $3.7 million for the first quarter of 2023.

Chupa Chups® Brings Pop to Popcorn in Carrefour

Retrieved on: 
Tuesday, December 12, 2023
Retail, Other Consumer, Food, Beverage, Consumer, Perfetti Van Melle, Supermarket, Chupa, F&B, Multimedia, Heart, POPCORN, Cola, Friends, Food industry, Apple, Taste, Efes Beverage Group, Nightclub

CRNCH POPCORN CONCEPTS, part of the United Food & Beverage Group, launches a Chupa Chups® popcorn novelty in France.

Key Points: 
  • CRNCH POPCORN CONCEPTS, part of the United Food & Beverage Group, launches a Chupa Chups® popcorn novelty in France.
  • The Dutch company combined the crunch of popcorn with the sweet signature taste of the Chupa Chups® lollipops.
  • View the full release here: https://www.businesswire.com/news/home/20231212813268/en/
    Chupa Chups® Brings Pop to Popcorn in Carrefour (Photo: Business Wire)
    To mark the official launch, Chupa Chups® invites popcorn lovers to join an exclusive event at Carrefour Montesson on December 12th.
  • The attendees will be part of the excitement, indulge in free tastings, and experience the Chupa Chupa Popcorn Wonderland.

VICI Properties Inc. Provides Construction Financing to Kalahari for Indoor Waterpark Resort Development in Virginia

Retrieved on: 
Thursday, December 7, 2023
REIT, Theme Parks, Commercial Building & Real Estate, Entertainment, Construction & Property, NYSE, F&B, Trust, Vici Properties, Partnership, Growth, VICI, Commercial property, Kalahari Desert

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, announced today that the Company has agreed to provide an up to $212 million mezzanine loan investment to Kalahari Resorts and Conventions (“Kalahari”) to fund the development of a Kalahari indoor waterpark resort in Thornburg, Virginia (“Kalahari Virginia”).

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, announced today that the Company has agreed to provide an up to $212 million mezzanine loan investment to Kalahari Resorts and Conventions (“Kalahari”) to fund the development of a Kalahari indoor waterpark resort in Thornburg, Virginia (“Kalahari Virginia”).
  • The 907-key, $900 million indoor waterpark resort officially broke ground in October 2023 and is expected to start welcoming guests by the end of 2026.
  • Kalahari Virginia is expected to be 1.4 million square feet inclusive of an indoor waterpark, outdoor waterpark, convention and meeting space, and 10 F&B outlets.
  • Kellan Florio, Chief Investment Officer of VICI Properties, said, “We are excited to initiate this partnership with the Kalahari team.

Life House Chosen to Manage The Darby in Pennsylvania

Retrieved on: 
Monday, November 27, 2023
Commercial Building & Real Estate, Construction & Property, Lodging, Travel, Marketing, Larger than Life (House), F&B, Lifehouse, Multimedia, Entrepreneurship, House, Life, Partnership, Management, Hotel, Darby

Life House continues its mission to partner with independent hotel owners with its latest signing of the chic The Darby in Pennsylvania.

Key Points: 
  • Life House continues its mission to partner with independent hotel owners with its latest signing of the chic The Darby in Pennsylvania.
  • He has entrusted Life House, celebrated for its synthesis of expertise and innovative technology, to take the helm of the operations.
  • View the full release here: https://www.businesswire.com/news/home/20231127645866/en/
    The Darby in Beach Lake, PA is now being managed by Life House.
  • The partnership with Life House not only showcases Kravitz's forward-thinking but solidifies Life House's reputation as the partner of choice for first-time hoteliers.

Polyphenol Market Global Industry Trends and Forecast Report 2023-2028 - Widespread Product Utilization in the Food and Beverage Industry is Driving Market Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 23, 2023
Food, Beverage, Retail, Research, Beer, Polyphenol, Seed, F&B, Lipid, Eye, Health, Cancer, Plasma protein binding, R, Allergy, Diabetes, Catechin, Dietary supplement

The widespread product utilization in the food and beverage (F&B) industry is driving the market growth.

Key Points: 
  • The widespread product utilization in the food and beverage (F&B) industry is driving the market growth.
  • Additionally, the increasing product demand due to its effectiveness in treating cardiovascular conditions, skin allergies, and eye diseases resulting from diabetes and cancer is favoring the market growth.
  • The report provides an analysis of the key trends in each sub-segment of the global polyphenol market report, along with forecasts at the global, regional and country level from 2023-2028.
  • The report has categorized the market based on source, product type, type, form and application.

Community Health System Replaces Restaurant Takeout App With Agilysys Mobile POS Solution For Improved Foodservice Experience For Staff

Retrieved on: 
Tuesday, November 14, 2023
Software, Restaurant, Bar, Mobile, Wireless, Payments, Apps, Applications, Technology, Lodging, Hospitals, Food, Beverage, Retail, Nursing, Health, Food Tech, Sale, Meal, Nutrition, Safety, Community Health Systems, Bed, F&B, Patient, OnDemand, Season, QR, Community, POS, Walkdown, Foodservice, Agilysys

To improve service, this Community Health System decided to pilot the Agilysys OnDemand solution to simplify and expedite their ordering, payment and pickup processes.

Key Points: 
  • To improve service, this Community Health System decided to pilot the Agilysys OnDemand solution to simplify and expedite their ordering, payment and pickup processes.
  • Mobile access and convenience stimulate impulse buys, increase order volumes, raise check values and decrease staff workload through self-service.
  • Before Agilysys OnDemand, Community staff, providers and guests used an alternate system for food ordering, but the service was costly and difficult to manage.
  • “Mobile is the new ordering and payment expectation for hospital workers and visitors,” said Jamie Hodgson, vice president of sales, Agilysys.

With 7 In 10 SMEs Wanting To Get Access To Financial Services From Non-Banking Platforms, ANEXT Bank Welcomes Three New Partners To Scale Access Through Embedded Financial Solutions

Retrieved on: 
Friday, November 10, 2023
Supply Chain Management, Banking, Technology, Professional Services, Payments, Supermarket, Delivery Services, Retail, Fintech, Restaurant, Bar, Finance, DNA, F&B, Ecosystem, SME, API, Partnership, Growth, Bank, Cryptocurrency, Tutoring, Online shopping

By working with these new partners, ANEXT Bank aims to make financing more accessible to more than one million regional SMEs within the year.

Key Points: 
  • By working with these new partners, ANEXT Bank aims to make financing more accessible to more than one million regional SMEs within the year.
  • Access to financing amongst SMEs continues to be a key challenge for their growth and business operations.
  • Having run the ANEXT Programme for Industry Specialists for a year, we’ve been able to apply the learnings and deliver new embedded financial services solutions via our new partners.
  • SMEs can also nominate platforms that they are doing business on to partner with ANEXT Bank.

Children Entertainment Centers Market to Reach $30.7 Billion by 2032 at 10.6% CAGR: Allied Market Research

Retrieved on: 
Wednesday, December 13, 2023
Safety, Investment, PDF, Learning, F&B, Consumer, PPB, Video, Music, COVID-19, Table, VR, Personality, Sport, Restaurant, Video game, Entertainment

NEW CASTLE, Del., Dec. 13, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Children Entertainment Centers Market by Visitor Demographic (Families with Children (0-9), Families with Children (9-12), Teenagers (12-18), Young Adults (18-24), and Adults (Ages 24+)), Facility Size (Up to 5,000 sq. ft., 5,001 to 10,000 sq. ft., 10,001 to 20,000 sq. ft., 20,001 to 40,000 sq. ft., 1 to 10 acres, 11 to 30 acres, and Over 30 acres), Revenue Source (Entry Fees and Ticket Sales, Food and Beverages, Merchandising, Advertisement, and Others), and Activity Area (Arcade Studios, AR and VR gaming Zones, Physical Play Activities, Skill/Competition Games, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032" According to the report, the global children entertainment centers market generated $11.5 billion in 2022, and is estimated to reach $30.7 billion by 2032, witnessing a CAGR of 10.6% from 2023 to 2032. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Key Points: 
  • Continuous launch of new entertainment centers supporting family activities, F&B integration, and participatory play
    The COVID-19 pandemic had a profound impact on children entertainment centers, significantly altering their operations and visitor experiences.
  • These centers, often bustling hubs for families, faced unprecedented challenges due to lockdowns, social distancing mandates, and safety concerns.
  • The pandemic accelerated the adoption of online and at-home entertainment options, diverting attention away from physical entertainment centers.
  • The financial impact and shifts in consumer behavior led to closures or limited services for several entertainment centers, reshaping the landscape of this industry.

Children Entertainment Centers Market to Reach $30.7 Billion by 2032 at 10.6% CAGR: Allied Market Research

Retrieved on: 
Wednesday, December 13, 2023
Safety, Investment, PDF, Learning, F&B, Consumer, PPB, Video, Music, COVID-19, Table, VR, Personality, Sport, Restaurant, Video game, Entertainment

NEW CASTLE, Del., Dec. 13, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Children Entertainment Centers Market by Visitor Demographic (Families with Children (0-9), Families with Children (9-12), Teenagers (12-18), Young Adults (18-24), and Adults (Ages 24+)), Facility Size (Up to 5,000 sq. ft., 5,001 to 10,000 sq. ft., 10,001 to 20,000 sq. ft., 20,001 to 40,000 sq. ft., 1 to 10 acres, 11 to 30 acres, and Over 30 acres), Revenue Source (Entry Fees and Ticket Sales, Food and Beverages, Merchandising, Advertisement, and Others), and Activity Area (Arcade Studios, AR and VR gaming Zones, Physical Play Activities, Skill/Competition Games, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032" According to the report, the global children entertainment centers market generated $11.5 billion in 2022, and is estimated to reach $30.7 billion by 2032, witnessing a CAGR of 10.6% from 2023 to 2032. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Key Points: 
  • Continuous launch of new entertainment centers supporting family activities, F&B integration, and participatory play
    The COVID-19 pandemic had a profound impact on children entertainment centers, significantly altering their operations and visitor experiences.
  • These centers, often bustling hubs for families, faced unprecedented challenges due to lockdowns, social distancing mandates, and safety concerns.
  • The pandemic accelerated the adoption of online and at-home entertainment options, diverting attention away from physical entertainment centers.
  • The financial impact and shifts in consumer behavior led to closures or limited services for several entertainment centers, reshaping the landscape of this industry.

Synthetic biology market size to grow by USD 28.25 billion from 2022 to 2027, the evolving regulatory framework around synthetic biology is the market trend - Technavio

Retrieved on: 
Wednesday, December 13, 2023
Medicine, Agriculture, Safety, Gene, MIT, Microbiology, ROW, Investment, Risk, Food, Government, F&B, Protein, TSCA, Biofuel, USD, Health, Nutrient, Therapy, Synthetic biology, Massachusetts Institute of Technology, Nitrogen fixation, Geography, Water, Growth, Oligonucleotide, Environment, Enzyme, Fine chemical, Speciality chemicals, COVID-19

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- The global synthetic biology market size is estimated to grow by USD 28.25 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Dec. 12, 2023 /PRNewswire/ -- The global synthetic biology market size is estimated to grow by USD 28.25 billion from 2022 to 2027, according to Technavio.
  • The evolving regulatory framework around synthetic biology is a key trend in the market.
  • Therefore, the evolving regulatory framework for synthetic biology is expected to promote investments, foster innovation, and ensure the safety and efficacy of synthetic biology products, which, in turn, will support market growth during the forecast period.
  • The report provides actionable insights and estimates the contribution of all regions to the growth of the global synthetic biology market.