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Food Retail & Distribution

JD.com Joint Venture in Talks to Raise $500 Million in U.S. IPO- The Information

Aug 16 (Reuters) - :JD.COM JOINT VENTURE IN TALKS TO RAISE $500 MILLION IN U.S. IPO - THE INFORMATION.DADA-JD DAOJIA, A JOINT VENTURE CONTROLLED BY JD.COM AND 10% OWNED BY WALMART, IS IN TALKS WITH BANKERS TO LIST SHARES IN THE U.S. NEXT MAY- THE INFORMATION.

Friday, 16 Aug 2019 10:19am EDT

Hellofresh Q2 AEBITDA At EUR 18.3 Mln

Aug 13 (Reuters) - HELLOFRESH SE ::POSTS PROFITABLE SECOND QUARTER ON AEBITDA BASIS.GROUP REVENUE IN Q2 GREW BY 37% Y-O-Y TO EUR 437 MILLION (31.5% Y-O-Y IN CONSTANT CURRENCY; Q2 2018: EUR 320 MILLION).AEBITDA POSITIVE IN Q2 2019 WITH AN AEBITDA MARGIN OF 4.2% (US AEBITDA MARGIN OF 2.9%,...

Tuesday, 13 Aug 2019 12:25am EDT

Sysco Acquires J. Kings Food Service Professionals

Aug 12 (Reuters) - Sysco Corp ::SYSCO ACQUIRES J. KINGS FOOD SERVICE PROFESSIONALS.SYSCO CORP - J. KINGS' EXECUTIVES WILL CONTINUE TO MANAGE BUSINESS.SYSCO CORP - HAS ACQUIRED J. KINGS FOOD SERVICE PROFESSIONALS, A NEW YORK BROADLINE DISTRIBUTOR WITH APPROXIMATELY $150 MILLION IN ANNUAL SALES.SYSCO...

Monday, 12 Aug 2019 05:00pm EDT

Greenlane Holdings Says Net Loss For Q2 Was $3.2 Mln

Aug 12 (Reuters) - Greenlane Holdings Inc ::GREENLANE ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2019.Q2 SALES $53 MILLION VERSUS REFINITIV IBES ESTIMATE OF $50 MILLION.QTRLY ADJUSTED NET LOSS WAS $1.2 MILLION COMPARED TO ADJUSTED NET INCOME OF $0.6 MILLION IN PRIOR YEAR PERIOD.NET LOSS...

Monday, 12 Aug 2019 04:24pm EDT

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