Office design isn’t keeping up with post-COVID work styles - here’s what workers really want 
PDG Explores $1 Billion Sale of China Data Center Assets 
Why a ‘rip-off’ degree might be worth the money after all – research study 
Time to buy local: war fuel price shocks reveal the folly of a long food supply chain 
European EV Sales Surge in April 2026 as Tesla and Chinese Automakers Gain Ground 
Why have so few atrocities ever been recognised as genocide? 
Puerto Rico Economic Development Chief Resigns Amid Government Shake-Up 
Dollar Slips as Iran Peace Hopes Ease Rate Hike Fears 
Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027 
What’s the difference between baking powder and baking soda? It’s subtle, but significant 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026 
RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
Australia Inflation Cools in April as Fuel Prices Ease, But Core CPI Remains Sticky 
The pandemic is still disrupting young people’s careers 
Social media-based food-ordering platform Gobble has shut down in Singapore after just over 18 months of operations due to its inability to secure additional funding to fuel its growth.
According to one of the company’s founders, Ashwin Purushottam, food ordering has exhibited an onslaught of disappointing IPOs, which set an unfortunate precedent for their next fundraiser.
While the platform enjoyed a high volume of sales, reaching US$350,000 in annual gross merchandise value with revenue surging by 47 percent month-on-month, the profit margins were too low for the company to continue running.
Co-founder Domenico Tan said they realized that relying solely on a B2C model wasn’t sustainable for them and that they failed to show a quick enough path to positive cash flow.
He added that with their current funding, they would not be able to generate enough revenue just from Singapore to raise their Series A.
The food pick-up app for discount group orders was founded by the two entrepreneurs in 2021. The company subsequently bagged $1.3 million in a seed round led by Beenext and Flash Ventures.
According to a report released by Grab and Euromonitor International, the Southeast Asian online food delivery gross merchandise value is estimated to grow from US$9 billion in 2020 to $28 billion in 2025.
