Thailand food rescue start-up Yindii has acquired Hong Kong’s Phenix by On the List, expanding the app’s operations to Hong Kong and effectively doubling the number of businesses that work with Yindii.
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According to the World Wide Fund for Nature (WWF), 40 percent of food produced worldwide goes uneaten and as a result, food waste contributes to 10 percent of all greenhouse gas emissions today, with over 50 percent of global food waste created in Asia.
Established in 2021, Phenix by OnTheList has connected consumers with surplus food from local businesses such as Pret a Manger, City’Super, and Cookie DPT, as well as hotels such as the Cordis Hong Kong.
Following the acquisition, the Phenix app will cease to be operational, to be integrated instead into the Yindii app. Phenix employees will also join the Yindii team.
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