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Softbank is Eyeing a Slice of the Indian Food Delivery Market

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Shop employees of SoftBank Corp work outside its branch in Tokyo

Softbank is said to be in talks to take a stake in Zomato. It commenced similar discussions with Zomato’s rival Swiggy last year.

India’s food delivery market is estimated to be growing at a quarterly rate of 15{193319180524fe1cbcf93f2fa4436f311e82d10b1113c9fa2c57b372435e0a56}.

Softbank is expected to make an investment decision by the end of 2018.

In the aftermath of Walmart’s $16 billion acquisition of e-commerce upstart Flipkart, Softbank, a Japanese tech giant and investor, looks set to double down on the Indian market. The Economic Times reported today that Softbank was engaged in initial talks with Zomato, a food delivery service, to take a stake in the company.

In fact, a source told ET that Softbank was scouring the Indian food delivery market for deals, with plans to infuse anywhere between $200 million and $400 million in a worthy candidate. The Japanese company had reportedly commenced talks with Swiggy, another food delivery service, late last year to invest as much as $250 million in the latter’s growth, although nothing seems to have come of it yet.

India’s food delivery market, which is dominated by Zomato and Swiggy, is growing fast. Earlier this year, RedSeer Consulting, a research and consulting firm, estimated that the market grew at a quarterly rate of 15{193319180524fe1cbcf93f2fa4436f311e82d10b1113c9fa2c57b372435e0a56} last year, with daily order volumes more than doubling to 460,000 by September 2017. In April, RedSeer also pegged the size of the market at $740m.

The increasing level of interest in India’s food delivery market is thought to be reminiscent of the investor hype surrounding ride-hailing services a few years ago when Uber entered the country. Interestingly, Softbank has a stake in both Ola and Uber. Both companies have or had their own food delivery services. Ola acquired Foodpanda, a food ordering app, in December last year with plans to invest $200 million in the company. Meanwhile UberEats was launched in May 2017 and is said to be going strong.

Softbank is expected to make an investment decision by the end of 2018. Last month, the company’s CEO, Masayoshi Son, said that Softbank was on track to invest more than its original target of $10 billion in India by 2024. It’s already invested $8 billion since 2014, partly through its Vision Fund for tech investments, making bets on the solar energy, e-commerce and hotel booking markets to name a few. It is currently said to be mulling a $3 billion investment in Paytm Mall, the e-commerce arm of Paytm, in which it already owns a 21{193319180524fe1cbcf93f2fa4436f311e82d10b1113c9fa2c57b372435e0a56} stake, pending a possible exit from Flipkart.

The news of the possible investment in Zomato follows speculation regarding the launch of a second Vision Fund by Softbank. The new fund is expected to also have a $100 billion corpus and could launch as early as 2019.

Source of the article : Business Insider

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Why Choose Promotional Logo Balloons To Market Your Business?

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Promotional Logo Balloons To Market Your Business

In today’s constantly changing scenario, the world of marketing is attaining new heights. Every day, people are coming up with great ideas to market their products, attract new customers, and gaining fame in the market. But not all the ways work out, and only a few ideas, to be precise “out of box” ideas work out. Out of all ideas that really created a wonder for the businessmen, is advertising their business or products by using promotional logo balloons.

Reasons To Choose Promotional Logo Balloons:

Promotional logo balloons are indeed a great way to market your products, and there are a lot of reasons to choose the same for advertising your product. A few of the reasons are listed below:

  1. Promotional logo balloons are designed keeping the niche and nature of your business. For example, if you have a pastry shop, you can get the balloon designed with the logo of your shop and people will get to know what you are actually advertising for. You can get the same for your business type like promotional logo balloons for auto dealers or for a restaurant.
  2. You don’t need to invest in pamphlets and sticky bills to advertise your business. To be honest, these are not even effective. People often skip them, but when you have promotional logo balloons flying in the sky, they will check it out as balloons are attractive and great colours can create a greater impact.
  3. Balloons are something that easily catches attractions and anything written or made on them stays in the mind of people. This is effective in bringing more customers than any other mode of advertising techniques.
  4. Promotional balloons are cost-effective when compared to other modes of promotion. You generally have to spend a lot when you get your business advertised in a newspaper or magazine. But, when you are spending on balloons, you can even reuse them as they are inflatables and generally don’t get worn out in one or 2 uses.
  5. Any type of business can opt for promotional balloon as they are not credited to only one or 2 types. The motive should be attracting more customers, and this is what promotional logo balloons aim to do and actually do for your business.

Despite the fact that which type of business you own, you can always rely on promotional logo balloons to advertise your products or business.

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How to Check Your Target Gift Card Balance

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Gift Card Balance

Like many other major retailers, Target gift cards can be purchased on Target’s website, in person at any Target storefront, or even at other participating stores. They also offer gift cards that can be redeemed at locations other than Target. Find their full list of available gift cards for purchase at this link: https://www.target.com/c/gift-cards/-/N-5xsxu

If you have received a Target gift card but are unsure of the balance, or if you have used it on previous transactions and simply want to know how the balance remaining on the card, we have compiled detailed instructions on how to check your Target gift card balance. Fortunately, Target makes it pretty simple!

What you will need to know in order to check your Target gift card balance

Like most gift cards, you will need to find both the gift card number and the access / pin number in order to check your balance. Both of these numbers should be located on the back of your Target gift card, just below the bar code.

They should be labeled so that you can easily distinguish between the two, but if not, the gift card number will be longer, typically 12 digits, than the access / pin number, which will typically be about 8 digits. Once you have found these two things, there are a few methods you can try.

Check your Target gift card balance online

A simple google search (“check Target gift card balance”) will take you straight to Target’s online gift card help desk, or you can click on the following link: https://www.target.com/guest/gift-card-balance

Once you are on this page, simply type in your two codes in the designated search bars and click “check balance.” From there, you will be taken to a screen that tells you your balance.

Check your Target gift card balance over the phone

If you do not wish to use the online gift card balance checker, you can also call Target’s gift card helpline at 1-800-544-2943. Follow the prompts by entering the required numbers into your keypad. There will reach a point when you will need to enter your gift card number and access / pin number, so be sure to have those on hand when you call.

What to do if you can’t find your Target gift card number

If, for whatever reason, your Target gift card number is no longer legible, you will need to seek customer service in a physical Target location. However, it is important to note that you will still need your access / pin number in order to receive proper assistance.

Hopefully, these methods will help you to retrieve your Target gift card balance!

Source-link:http://help.target.com/help/subcategoryarticle?childcat=Target+GiftCards&parentcat=Gift+Cards&searchQuery=search+help

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