What a turnabout from a few months earlier, when Groupon was the talk of Wall Street. Then, Groupon was one of the fastest-growing companies in history, spurning $6 billion takeout offers from Google, preparing to go public at a valuation fo $25+ billion. And now everyone was talking about it running out of cash!
Noodles & Company (NASDAQ: NDLS) is a fast-casual restaurant headquartered in Broomfield, Colorado, that offers international and American noodle dishes, as well as soups, salads, and pasta. It was founded in 1995 by Aaron Kennedy. It grew from $300,000 in revenue in 1996 to $300 million when it went public in 2013.
new product. Indonesian food products company Inbisco has taken a plunge into the fast-growing Indian instant noodles market with its product Joymee.The company has devised a strategy to make its noodles palatable not just to core kids segment, but also to youngsters, who have grown up with instant noodles.The key differentiator of Joymee will be the taste coupled with goodness of veggies and vitamins,â he added. Inbisco sees attractive growth opportunities as there are only two or three big organise players in the instant noodles market, which has undergone several changes.