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Online Food Delivery Is Having A Bright Moment — But Clouds Are Gathering

PYMNTS

India-based online food ordering and delivery platform Swiggy has reportedly spent about $7.3 million to buy Scootsy , another Indian firm that offers online food delivery services. That said, online food delivery is having its moment. China, too, provides evidence that online food delivery remains a hot proposition.

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Restaurant Business Serves Up Mixed Plate For 2020

PYMNTS

In fact, by 2030, the National Restaurant Association expects that technology could completely change the face of dining. That growth will be driven by a generally healthy consumer spend and tight labor market. First, the short-term prognosis. New chains could quickly emerge regionally or nationally.”.

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Fashion Forward: How Tech Is Targeting Waste & Pollution In The $2.4T Fashion Industry

CB Insights

Fueled by social media, consumers want to get a hold of the latest trends as quickly as possible, and retailers must rapidly increase production to meet demand. Moreover, a 2018 survey found that sustainability is likely to be a crucial buying factor for mass market apparel consumers by 2025. Source: Ellen MacArthur Foundation.

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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

Here’s what we found: Artificial intelligence — In July, China announced a new development plan to become the world leader in AI by 2030 and build a domestic industry worth $150B. The business social graph below highlights Tencent’s US AI investments over the period; each green line represents one round of funding.

US 32
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12 Industries That Will Thrive Thanks To Millennials

CB Insights

Online platforms like Hipcamp and Campsy have emerged to help campers book unique lodging experiences like yurts, treehouses, and caves. Social media is also helping campers discover new places to visit, then share their experiences with others: 30% of millennials said that they picked a camping spot after seeing someone else go there.

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The AI Industry Series: Top Healthcare AI Trends To Watch

CB Insights

In the private market, healthcare AI startups have raised $4.3B It was given a “breakthrough device designation” to expedite the process of bringing the product to market. Apart from use by the FDA to monitor post-marketing drug safety, RWE can help design better clinical trials and new treatments in the future. of the time.