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  • Deliveroo invests HK$2m to fund sustainable plastic-free packaging

    Deliveroo invests HK$2m to fund sustainable plastic-free packaging

    Deliveroo HK is taking steps to reduce food packaging waste generated by its restaurant partners. The delivery giant is investing HK$2 million to incentivize a scheme that will encourage restaurants to use plastic-free packaging for their delivery orders. It comes as the government considers a move to ban single-use plastic tableware.

    Investment from Deliveroo HK will allow restaurants to buy suitable food containers at a discounted rate, from zero waste company Sustainable. Independent restaurants and small F&B providers will be offered a 50 percent reduction in packing prices. Large chains will receive a 30 percent discount. Both will be applicable for the first six months of the initiative.

    Deliveroo HK claims to have made sustainability a priority. Its collaboration with Sustainabl. will allow it to promote plastic-free, home-compostable, or recyclable packaging options to restaurant partners. Platform users will be able to search specifically for restaurants that offer eco-packaging solutions, in the future, making early adoption a potentially business-critical decision.

    “With sustainability being one of our priorities here at Deliveroo, we knew it was time to take the crucial step of launching a sustainable packaging scheme that would be of value to our partners in Hong Kong and make an impact to the environment and we’re thrilled to partner alongside Sustainable. to do so,” Andrew Hui, general manager of Deliveroo HK said in a statement.

    “We hope that our eco-minded steps can benefit our restaurant partners as they help create a greener future with us, and by extension, offer the same to their customers. With that said, we understand that integrating sustainable practices will come with new operational costs for our restaurant partners, especially since they are just suffering from the impact of the pandemic. That’s why we are here to provide solutions and financial support, as we leverage our community fund.”

    The HK$2 million subsidy scheme will support locations that want to make a switch to sustainable materials and, potentially, greener delivery methods. It will be the first Hong Kong initiative to be supported by the Deliveroo Global Community Fund. Subsidised packaging solutions will include around 20 products, supplied by Sustainabl., to account for the different needs of various restaurants.

    Sustainabl. is engaged in providing low-carbon, zero-waste packaging supplies that make a F&B circular economy possible. Everything supplied to Deliveroo restaurant partners will either be home compostable or recyclable, with bio-coatings for water resistance. The company uses renewable materials to create its ranges including sugarcane and wheat processing waste, bamboo and recycled paper.

    “At Sustainabl., our vision is to enable businesses and families to access ‘truly’ sustainable packaging products that do not damage the environment,” Richard Oliver, CEO of Sustainabl. said in a statement. “We have created cost-effective, functional solutions to enable F&B vendors and other businesses to stop using single-use plastics and reduce unnecessary waste and their carbon footprint. We are thrilled to partner with Deliveroo on this meaningful initiative and look forward to supplying our zero-waste packaging solutions to Deliveroo restaurant partners. With the new scheme in place, we expect to see a greener and more sustainable F&B industry in Hong Kong in 2022 and beyond.”

    Deliveroo has already witnessed the success of a similar scheme, in France. Launched in 2021, the partnership between the delivery leader and barePack saw 60 restaurants trial reusable packaging supplies, in a bid to garner a circular model. Launched in Paris,  the scheme is expected to roll out to other parts of France and possibly London.

    Tackling the grocery side of things, Dutch startup Pieter Pot bagged €9 million in December last year for its reusable container-powered home delivery service. The company aims to make zero waste shopping as competitive and convenient as regular grocery buying. New investmemt has been raised to expand into wider Europe, including the U.K.

  • Flipkart loses bid to sell food online

    Flipkart loses bid to sell food online

    Amazon-owned Flipkart has been blocked from entering the food-retail business by Indian regulators who had deliberated for almost a year on an application.

    Subsidiary Flipkart FarmerMart had applied to sell foodstuffs grown or manufactured in India online via its marketplace and on apps. However the company was told by the Department for Promotion of Industry and Internal Trade (DPIIT) marketplace, it cannot add food to its platform as a foreign-owned retailer.

    Foreign direct investment in retail has long been a controversial issue in India and only in the last several years have multinational retail giants been allowed to enter the market, usually with strict requirements for a proportion of goods they sell to have been manufactured in India.

    The government has recently tried to tighten laws to ensure companies like Amazon only act as third-party marketplaces, allowing local companies to sell on its platforms, rather than develop their own inventories and become retailers in their own right.

    Flipkart had, however, been hoping to form supplier alliances with farmers and growers to create its own brands – rather than import all of the products it would sell.

    Establishing such strong supply agreements would also potentially have helped Flipkart expand into the brick-and-mortar retail market.

  • Startup Launchpad Spring event focuses on blockchain

    Startup Launchpad Spring event focuses on blockchain

    Ahead of the next edition, we sat down with Minesh Pore the head of Startup Launchpad, to talk us through this April’s event at Asia World Expo.

    Mishesh, tell us about yourself

    Thanks StartupsHK. I’m a highly regarded global trade expert with more than 18 years experience leading multinational organisations in corporate transformation, Intra-prenuership, innovation, international business development and strategic planning. I would say I am a well-connected and respected globally for my experience, network and knowledge of the Greater Bay area startup ecosystem, mentoring startup founders, helping startups scale up and expand international.

    What is Startup Launchpad?

    Startup Launchpad is hosted in Hong Kong every April and October. The show focuses on helping hardware and retail solutions startups scale up by meeting buyers, retailers and wholesalers from more than 140 countries. We will also be hosting a one-day conference, with a focus on blockchain as a transparency tool for supply chain. We will have two-day workshops, the focus of which is to educate startup founders on every step from initiating a business plan to working with distributors globally. We will also have pitches from the top 10 startups that will be pitching for more than HK$500,000 in prizes.

    Why should startups attend?

    Startups who want to sell their products and solutions should attend the trade shows. Startup ecosystem players who want to connect with others in blockchain for supply-chain sector and learn what the latest trends are in this arena should attend. All those who have considered launching a startup or who are at any stage of their startup journey, should attend the workshops. Also: come and listen to the pitch-competition winners, who this time come from Hong Kong, China, India, Austria and Spain.

    What are some of the standout events we should look out for?

    The must sees at the show will be:

    • AR/ VR game demos by Ubisoft and Ninebot will be on display, demonstrating the latest in eVehicle technology.
    • 200 Startups from Austria, India, Spain, China, Taiwan, the US, Singapore and Hong Kong wll be showcasing various IOT products, connected devices, eVehicles, health-tech devices, edu tech, AR / VR products and retail solutions.
      • Conference: Future of Retail – SCM Innovation (April 19 in Hall 2 at Asia World Expo). This conference will be talking about potential in automating the complicated supply-chain management, using tech innovations such as blockchain. Insights will be shared by the industry’s top practitioners. Also, we will be discussing the investment outlook in the new retail sector.
    • Workshop: Start. Make. Sell! Workshop Series for Startups. April 20-21 in Hall 2 at Asia World Expo). These workshops are designed for early-stage startups, entrepreneurs or anyone thinking about hardware projects. The workshop will guide participants through the right way to start their business in the Greater Bay area, including finding the right partners, incubation programs and leveraging free trade-zone advantages; tips and advice on prototyping products; and how to validate, market and sell the product.