Hershey Invests in Emerging Snack Businesses
The chocolate company announced that it’s taking a minority stake in two emerging snack companies, FULFIL Holdings Limited and Blue Stripes LLC.
The minority investment was made through C7 Ventures, the company’s venture arm.
According to a company press release, the investment will help provide it with new avenues for growth and go-to-market opportunities.
Walmart Launches a Meal Planning Feature
The retailer announced that it’s teaming up with Buzzfeed’s Tasty to offer quick ordering for ingredients from a menu of over 4,000 recipes.
The company stated that customers will be able to pick-up their orders from over 2,500 locations across the US or have the items delivered from over 1,100 stores across the country.
Spotify Updates its Premium Family Plan
The music streaming platform announced that parents will now have the ability to set explicit content filters.
The company stated that the new options have been a long-requested feature that will finally be released on its platform.