Welltodo Today: Google Makes Fitbit Acquisition Official, Thinx Launches Activewear, Beyond Meat’s Shares Soar

Today’s key global wellness news articles from around the world, impacting the industry and influencing the business of wellness.

Google’s Fitbit acquisition is official

Following regulatory scrutiny on both sides of the pond, Google this morning announced that it has completed its acquisition of wearables pioneer Fitbit. Google’s use of the vast amount of user health data has long been the key sticking point of regulatory concern of the deal. After all, targeted a…

Wellness and Meditation Apps Need More Diverse Voices (Literally)

At this point, many people have turned to their phone for mindfulness instruction; and, given that the market for meditation and mindfulness apps is expected to more than double to about $342 million by 2029, more are sure to join their ranks in the coming years.

Female cannabis founders tap into wellness branding | Glossy

With legalized recreational marijuana on the horizon for New York, female founders are bringing more sophisticated branding to the world of weed. Five-year-old Etain, for example, is releasing a new CBD line this quarter, which will be sold at its 5,000-square-foot spa-like dispensary in Midtown that opened in August 2020.

Hungryroot Is Simplifying The Way Consumers Shop For Groceries

Last year changed the way consumers shopped, prepared, and consumed food. Consumers are taking fewer 73% trips to the grocery store and instead are shopping more at food subscription services and online grocery stores, with 80% of U.S. consumers having shopped online for groceries since COVID-19 outbreak.

High-end health-focused meal kits are seeing a boom | Modern Retail

Meal kits are getting a high-end facelift. The overall meal kit market is set to hit nearly $20 billion by 2027, according to a July 2020 report by Grand View Research, growing at a compound annual rate of 12.8%.

The Gym Group reports 48% revenue fall under Covid lockdowns

The Gym Group, one of Britain’s largest operators of low-cost gyms, has opened talks with lenders after reporting that revenues almost halved last year and member numbers plunged by more than 200,000 due to the pandemic.

Beyond Meat shares soar after inking deal with Taco Bell on new menu items

Shares of Beyond Meat are soaring on news that the company will be working with Taco Bell on new menu items. The company’s stock was up $17.13, or 13.67%, to $142.48 and climbing in midday trading after Taco Bell announced that it would embrace Beyond Meat to come up with new menu items due t…