Thursday, November 21

Tag: international markets

QSR Startup Charcoal Eats to Foray into the International Markets
News

QSR Startup Charcoal Eats to Foray into the International Markets

Quick service restaurants startup Charcoal Eats which currently operates only in India is foraying into international markets starting with the Middle East and Europe. The company at present offers its services in about 30 locations across 11 cities in India. The company is expecting to enter the Middle East through Bahrain with about 8-10 outlets and then expand to other countries in the area. Along with the Middle East, the company would also reach the areas of the United Kingdom with 4-5 outlets by March next year. “Going forward, we will maintain a dual focus for India expansion - opening more outlets in metros (Mumbai, Delhi NCR, Pune, Bengaluru, Chennai and Kolkata); and expanding into tier II cities, which we see as the future growth engines for the food space. Charcoal Eats int...
San-Francisco based Pinterest Prepping up for Global Expansion
BUSINESS

San-Francisco based Pinterest Prepping up for Global Expansion

San-Francisco based web and mobile application Pinterest is looking forward for global expansion and is eyeing India and Southeast Asia next. The USA unicorn valued at over $12 billion allows users to create virtual pinboards and discover information on the World Wide Web. The platform currently claims to have 250 million monthly active users, half of them outside the US. Almost 80% of the company’s new users are from international markets. “Last few years, we have focused on South America, Western Europe and a bit on Japan. This year we are increasingly thinking about Southeast Asia, India and other parts of the world we haven’t serviced,” co-founder Evan Sharp stated. Pinterest has launched seven offices in international markets. Along with this, it had also introduced the Hindi lan...