F&B | Jotup

Tag's Food & Beverage Experts Reveal 2024 Flavor & Trends Forecast

Retrieved on:

Wednesday, November 15, 2023

Generative, Business development, Food, Creativity, F&B, The Hotplate, Food industry, AI, Hot plate, Data storage tag, Taste, Balkan cuisine, Pleasure, Management

TORONTO and NEW YORK, Nov. 15, 2023 /PRNewswire/ -- The Hot Plate, Tag's Food and Beverage Center of Excellence for brands and agencies, has released its 2024 Flavor & Trends Forecast. The report shares flavorful highlights of the latest ingredients, cooking techniques, and culinary ideas predicted to drive innovation in the food and beverage industry in North America, the United Kingdom, and Europe.

Key Points:

TORONTO and NEW YORK, Nov. 15, 2023 /PRNewswire/ -- The Hot Plate, Tag's Food and Beverage Center of Excellence for brands and agencies, has released its 2024 Flavor & Trends Forecast .
She continues, "Our 2024 Flavor & Trends Forecast is a valuable resource, brimming with insights, data, and innovative trends that will help revolutionize the culinary, experiential landscape in 2024."
Each of the four trends has great potential to affect the future of food; for example, AI is already revolutionizing the food industry with AI-developed recipes and flavor profiles.
View the 2024 Flavor and Trends Forecast here and contact us for more information.

UnionPay's Innovative Payment Products Showcased at the CIIE for Convenient Cross-Border Payment Services

Retrieved on:

Tuesday, November 14, 2023

"This product helps businesses manage the travel expenses of their employees and is tailored for the payment demand of professionals in cross-border trade.

Key Points:

"This product helps businesses manage the travel expenses of their employees and is tailored for the payment demand of professionals in cross-border trade.
Outside China's mainland, over 200 million UnionPay cards have been issued and 180 UnionPay-standard wallets launched, providing exhibitors with more convenient payment options.
A variety of signature products have also appeared at the CIIE such as commercial cards, integrated B2B solutions and the Shop the World platform, which meet the diverse payment needs in cross-border trade.
The UnionPay card has a wide customer base in China, and through this platform, we can bring our products to more Chinese consumers."

UnionPay's Innovative Payment Products Showcased at the CIIE for Convenient Cross-Border Payment Services

Retrieved on:

Tuesday, November 14, 2023

"This product helps businesses manage the travel expenses of their employees and is tailored for the payment demand of professionals in cross-border trade.

Key Points:

"This product helps businesses manage the travel expenses of their employees and is tailored for the payment demand of professionals in cross-border trade.
Outside China's mainland, over 200 million UnionPay cards have been issued and 180 UnionPay-standard wallets launched, providing exhibitors with more convenient payment options.
A variety of signature products have also appeared at the CIIE such as commercial cards, integrated B2B solutions and the Shop the World platform, which meet the diverse payment needs in cross-border trade.
The UnionPay card has a wide customer base in China, and through this platform, we can bring our products to more Chinese consumers."

Galaxy Entertainment Group Selected Unaudited Q3 2023 Financial Data

Retrieved on:

Thursday, November 9, 2023

HONG KONG, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2023. (All amounts are expressed in Hong Kong dollars unless otherwise stated)

Key Points:

HONG KONG, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 30 September 2023.
In Q3 2023 Group Net Revenue increased 374% year-on-year to $9.7 billion and Adjusted EBITDA increased 576% year-on-year to $2.8 billion.
Mall rental in Q3 2023 across our portfolio was $379 million, which was equivalent to 114% of 2019 levels.
In Q3 2023, the Group posted Net Revenue of $9.7 billion, up 374% year-on-year and up 11% quarter-on-quarter.

Revolutionizing Restaurant Efficiency: MarketMan and DYNE Partner for Waste Reduction

Retrieved on:

Thursday, November 9, 2023

SVP, DYNE, Generative, Meal Ticket, F&B, Partnership, Business, Forecasting, Marketing, POS, Fine chemical

BOISE, Idaho, Nov. 9, 2023 /PRNewswire-PRWeb/ -- In a remarkable stride towards increased restaurant efficiency and sustainability, MarketMan, a leader in inventory and purchasing management solutions for operators, and DYNE, an F&B SaaS platform specializing in Generative AI Marketing and Supply Chain Optimization, have proudly announced their strategic collaboration.

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This restaurant tech partnership has yielded an integrated offering that empowers F&B operators with enhanced forecasting capabilities, impactful recommendations, and a significant reduction in unnecessary food waste.
With integrations into existing POS systems & innovative AI-powered solutions, these critical applications enable operators to easily expand their current hardware, reduce waste, costs, and boost profits.
"Our partnership empowers F&B operators to leverage DYNE's AI-driven inventory management system with the power of MarketMan to reduce waste & improve profits."
Chuck Sarosi, SVP of Marketing & Business Development at Meal Ticket
This pivotal partnership has yielded an integrated offering that empowers F&B operators with enhanced forecasting capabilities, impactful recommendations, and a significant reduction in unnecessary food waste.

Treasure Global’s Abe Yus to Supply its High-Selling Curry Puffs to the World's Largest Convenience Store Chain

Retrieved on:

Tuesday, November 7, 2023

F&B, TGL, Retail

The first phase of expansion will focus on supplying the high-selling curry puffs to 250 convenience stores in Malaysia.

Key Points:

The first phase of expansion will focus on supplying the high-selling curry puffs to 250 convenience stores in Malaysia.
Abe Yus’ F&B group of businesses include the popular “Kari Puffs” from grab and go food carts, as well as the Abe Yus Warung Street food kiosks, Abe Yus Café restaurants, and Abe Yus Marts B2C online e-commerce delivery service.
In addition, Abe Yus plans to expand further into the Southeast Asian market in the future.
It undeniably opens up a new revenue channel, strengthening Abe Yus’ brand and bolstering TGL’s future revenue prospects.”

The ONE Group Reports Third Quarter 2023 Financial Results

Retrieved on:

Tuesday, November 7, 2023

The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the third quarter ended September 30, 2023.

Key Points:

The ONE Group Hospitality, Inc. (“The ONE Group” or the “Company”) (Nasdaq: STKS) today reported its financial results for the third quarter ended September 30, 2023.
Hilario continued, “We finished the quarter with over $22.0 million in cash, and we are entering our peak sales quarter for the year.
Pre-opening expenses were $3.1 million in the third quarter of 2023 compared to $2.7 million in the third quarter of 2022.
During the quarter ended September 30, 2023, the Company purchased 0.5 million shares for aggregate consideration of $3.5 million.

TJI Opens New Chapter with Potential Franchises in Australia and the Philippines

Retrieved on:

Wednesday, November 1, 2023

Singapore Exchange, JV, HKE, United Kingdom, International, Food, Local government, SGX, TJI, STS Group, F&B, Minor Food Group, Partnership, Restaurant, Suyen Corporation, Nene Chicken, Airline, Fast food

Separately, the Group announced a potential franchise partnership with a subsidiary of the Philippine conglomerate, Suyen Corporation, regarding the proposed entry into the market in the Philippines.

Key Points:

Separately, the Group announced a potential franchise partnership with a subsidiary of the Philippine conglomerate, Suyen Corporation, regarding the proposed entry into the market in the Philippines.
In addition, the JV Company will be able to enter into further sub-franchise agreements with other partners to facilitate the Group's expansion.
Listed on the Singapore Exchange in 2019, ST Group is an established food and beverage ("F&B") group headquartered in Australia.
ST Group has a proven track record in the F&B markets in Australia, New Zealand and the United Kingdom.

ShareRing Certified In The UK As A Trusted Digital Identity Services Provider

Retrieved on:

Tuesday, November 7, 2023

ShareRing, Cosmos, Digital, United Kingdom, CDD, Fraud, POS, Accreditation, ID, Risk, F&B, KYC, Privacy, Friction, Kevin W. Sharer, Cryptocurrency

This accomplishment marks a significant advancement in ShareRing’s technology and reaffirms the company’s commitment to reusable digital identity authentication in a secure and private environment.

Key Points:

This accomplishment marks a significant advancement in ShareRing’s technology and reaffirms the company’s commitment to reusable digital identity authentication in a secure and private environment.
By securing the accreditation, ShareRing can now offer its digital identity solution for digital ID authentication, with the addition of ID verification for land registry purposes in the UK.
The DIATF is overseen by UK government authorities and is a comprehensive framework for establishing trusted and secure digital identity ecosystems.
To learn more about ShareRing and its digital identity solution, please visit https://sharering.network/blog/sharering-achieves-accreditation-under-th...

TJI Opens New Chapter with Potential Franchises in Australia and the Philippines

Retrieved on:

Tuesday, November 7, 2023

Separately, the Group announced a potential franchise partnership with a subsidiary of the Philippine conglomerate, Suyen Corporation, regarding the proposed entry into the market in the Philippines.

Key Points:

Separately, the Group announced a potential franchise partnership with a subsidiary of the Philippine conglomerate, Suyen Corporation, regarding the proposed entry into the market in the Philippines.
In addition, the JV Company will be able to enter into further sub-franchise agreements with other partners to facilitate the Group's expansion.
Listed on the Singapore Exchange in 2019, ST Group is an established food and beverage ("F&B") group headquartered in Australia.
ST Group has a proven track record in the F&B markets in Australia, New Zealand and the United Kingdom.