Nestlé SA took full ownership of Freshly in a deal that it said values the online prepared-meal startup at $950 million, positioning the world’s biggest packaged-food company to capitalize on a pandemic-driven shift toward at-home dining.
Nestlé said it would pay an additional $550 million if the business hits certain growth targets. The Swiss food giant bought a 16% stake in Freshly in 2017. Nestlé said Friday that the agreement to buy the rest of the company will help it navigate the “new realities” in the U.S. food market.
boycott_nestle_france_product
Had em in the 50's, they were called TV dinners! Lol
Looks like I will be canceling my membership with freshly now. I am tired of big corporations buying out smaller companies! I want to support a small business not have the government dictate everything for me all the way down to what I eat!
The more they consolidate power, the easier it will be for the government to assume control over the food industry. Just that the central planning committee would have no stake in profiting
Nestle is like google or apple buying out small startups if they threaten the food giant’s turf. That’s destroying competition and limiting consumer choices.
90% of news about covid and trump
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Byron Allen's Allen Media Group Buys Two MGM TV NetworksThe media mogul's growing film and TV portfolio now includes the over-the-air broadcasters This TV and Light TV reaching 81 million households.
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Amazon sees pandemic boosting holiday sales and investment in deliveryAmazon.com Inc on Thursday forecast a jump in holiday sales - and costs related to COVID-19 - as consumers continued to shop more online during the pandemic. BUY FROM ETSY AND SUPPORT SMALL BUSINESSES THIS HOLIDAY SEASON This is another stark warning of the long term damage of Lockdown and the restrictions on our civil liberties, freedoms and ultimately choices! We cannot continue to look and respond to Covid in a vacuum and it's time that we all 'wake up and smell the coffee'!! Aren't you owned by the Rothschild company
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Facebook anticipates tougher 2021 even as pandemic boosts ad revenueFacebook Inc on Thursday warned of a tougher 2021 despite beating analysts' estimates for quarterly revenue as businesses adjusting to the global coronavirus pandemic continued to rely on the company's digital ad tools. Boycott_France Boycott_India Boycott_France_Products Boycott_Indian_products Seriously - no one cares about Facebook ad revenue, the less they make the better. It is a terrible company, lead by a terrible man, having a terrible impact on society and democracy. Alt headline: Facebook anticipates tougher 2021 even as ad revenue from mainly right wing pandemic-minimizing outlets is boosted during the pandemic. deletefacebook
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