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How Can the Global Community Solve the Food Waste Dilemma?

Food waste is not a new problem, but it’s evolving and becoming a significant concern. There are environmental, economic, and societal implications. One organization that is on a mission to educate and address food waste is IntelliDigest. CEO Dr. Ifeyinwa Kanu shared her perspective and how her company aims to provide an environment-friendly and holistic…

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How Can the Global Community Solve the Food Waste Dilemma?

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Food waste is not a new problem, but it’s evolving and becoming a significant concern. There are environmental, economic, and societal implications. One organization that is on a mission to educate and address food waste is IntelliDigest. CEO Dr. Ifeyinwa Kanu shared her perspective and how her company aims to provide an environment-friendly and holistic approach towards food waste.

“Food waste is a global problem. Over a billion tons of food is wasted each year. Food waste can be edible or inedible. Both represent huge problems,” Dr. Kanu said.

Food waste is a layered issue. It’s not just from a single source. Waste happens at every stage of food production. “Food waste challenges are evolving. With edible food waste, there’s excess supply, food that goes bad, but also imperfect foods. A carrot isn’t the right color or shape. It’s the way it looks. It has nothing to do with the nutritional value,” Dr. Kan added.

Another aspect of the problem that’s less known is inedible food waste. “Inedible food waste can have a significant environmental impact. There are ways to upcycle this material to climate-friendly chemicals. What’s produced could be used for packaging and would meet recycled material requirements. There are many businesses that could benefit from this. With innovative technology, this is possible,” Dr. Kan remarked. That technology is a big part of IntelliDigest’s solutions.

Food waste won’t be eliminated without the cooperation and awareness of all. Dr. Kan relayed that households were the source of the most edible waste. It’s preventable, but it requires a change in perspective and a commitment from all farmers, producers, manufacturers, sellers, and consumers.

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Grubhub owner Wonder confidentially files for an IPO

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Wonder, the food hall and delivery company founded by Marc Lore, said on November 5 that it has confidentially filed draft IPO documents with the SEC. It has not set a share count or price range. Wonder owns Grubhub, Blue Apron, Tastemade and Spyce, runs about 170 East Coast locations, and plans to enter Texas next year.

  • 01Wonder confidentially filed draft IPO documents with the SEC and has not set a share count or price range.
  • 02The company owns Grubhub, Blue Apron, Tastemade and Spyce and runs about 170 multi-brand food halls on the East Coast.
  • 03Wonder raised $650 million in July at about a $9 billion valuation and plans to enter Texas next year.

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Amazon makes Uber Eats its Prime restaurant delivery partner, replacing Grubhub

Amazon makes Uber Eats its Prime restaurant delivery partner, replacing Grubhub

Amazon has replaced Grubhub with Uber Eats as the restaurant delivery partner for U.S. Prime members. Starting November 5, Prime members can order from restaurants on the Uber Eats network directly on Amazon.com and in the Amazon Shopping app with a $0 delivery fee on orders of $25 or more, and the Grubhub+ agreement that began in 2022 has ended.

  • 01Prime members in the U.S. get a $0 delivery fee on Uber Eats restaurant orders of $25 or more placed on Amazon.com or the Amazon Shopping app.
  • 02Uber Eats restaurants gain a storefront on Amazon.com and the Amazon Shopping app.
  • 03Amazon's Grubhub+ agreement for Prime members ended on November 5, an Amazon spokesperson told TechCrunch.

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Wendy's rejects $1.4 billion take-private bid from Trian-led group, adopts poison pill

Wendy's rejects $1.4 billion take-private bid from Trian-led group, adopts poison pill

Wendy's independent board committee unanimously rejected a non-binding $7.35-per-share, roughly $1.4 billion proposal from a group of Trian Partners, franchisee Flynn Group, BlueFive Capital and Sixth Street Partners, saying it substantially undervalues the company and its Dave's Way turnaround plan. The board also adopted a shareholder rights plan with a 15% threshold that expires on November 3, 2027.

  • 01An independent committee unanimously rejected the Trian-led group's $7.35-per-share offer, valued at about $1.4 billion, as substantially undervaluing Wendy's.
  • 02The bidding group included Flynn Group, one of Wendy's largest franchisees, alongside Trian, BlueFive Capital and Sixth Street Partners.
  • 03The board adopted a shareholder rights plan with a 15% threshold, expiring November 3, 2027.

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