Just Eat Takeaway.com confirms decision to end operations in France
Your Personal Navigator in the Ever-Evolving World of Food Delivery
Week 2/12/2024
🍕 Food Delivery
Just EatTakeaway.comconfirms decision to end operations in France following consultation.Just EatTakeaway.comconfirms that it will proceed with its intention to cease operations in France following a consultation period which was first announced in July 2024 and recently completed (Just Eat Takeaway).
Glovo Shifts Employment Model, Aims to Hire 60,000 Delivery Workers in Spain.In Spain’s largest-ever labor transition, Glovo’s decision to hire its delivery workforce comes as CEO faces criminal investigation over workers’ rights violations (Morocco World News).
Delivery Hero’s food delivery IPO rises to $2b.Delivery Hero SE has increased the IPO size of its food delivery platform Talabat to up to US$2 billion, making it the largest listing in the United Arab Emirates this year (Tech in Asia).
Just Eat Takeaway to delist from London Stock Exchange in blow to UK market.Just Eat Takeaway said it was delisting its shares from the London Stock Exchange due to the “low liquidity and trading volumes” of its shares on the exchange (NBC Los Angeles).
FTC must reject Uber Eats merger.An article written by Uber Eats Taiwan general manager Chai Lee (李佳穎) published in the Liberty Times (sister paper of the Taipei Times) on Tuesday said that Uber Eats promises to engage in negotiations to create a “win-win” situation (Taipei Times).
Why food delivery platform Swiggy shares hit all time high in trade today?The company believes that the expansion of Bolt to over 400 cities is a significant milestone in Swiggy’s mission to enhance customer experience through innovative solutions (Business Standard).
Growing consumer concern regarding food delivery hygiene standards.Research from catering consumables provider CCS McLays has revealed the majority of Brits (86%) believe it is a food outlet’s responsibility to protect their delivery food from being tampered with, and 49% are calling for tamper-evident packaging (Hospitality & Catering News).
Think Twice Before Ordering Fast Food Delivery.We’ve all been there — you open a delivery app to order a $15 meal only to find that with markups and fees, it comes out closer to $30 (Chowhound).
Global Food Delivery Service Software Market Size, Share and Forecast By Key.According to the Market Research Intellect, the global Food Delivery Service Software market is projected to grow at a robust compound annual growth rate (CAGR) of 7.8% from 2024 to 2031 (OpenPR).
Meituan said to expand Keeta food delivery service in Middle East.Chinese food delivery giant Meituan is reportedly planning to expand its Keeta brand across the Middle East and North Africa (Tech in Asia).
Delivery Hero’s food delivery IPO rises to $2b.Delivery Hero SE has increased the IPO size of its food delivery platform Talabat to up to US$2 billion, making it the largest listing in the United Arab Emirates this year (Tech in Asia).
Swiggy Q2 Results LIVE: Stock falls after food delivery aggregator remains loss making.Food delivery aggregator Swiggy Ltd. will be reporting its first quarterly results after it became a public company last month on Tuesday, December 3 (CNBC).
Talabat and Swiggy: Two food delivery IPOs that couldn’t be more different.It has been a raving few weeks for food and grocery delivery in Asia (The Morning Context).
Zomato secures $1bn through QIP.Indian fast food delivery major Zomato has raised more than Rs85bn ($1bn) via a qualified institutional placement (QIP), in its first major fundraising following its public listing in 2021 (Yahoo Finance).
Uber Eats Netherlands switch to using temporary workers as deliverers.Uber Eats will no longer use freelancers as meal deliverers in the Netherlands, reports the NL Times and Telegraaf (paywall). From next spring, the platform will only work with temporary workers in the Netherlands (Staffing Industry).
Foody creates new emergency feature for its distributors.With the safety of its distribution fleet a key priority, Foody has created a new emergency resource that its distributors can use to call for help in cases of distress (Cyprus mail).
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Deliveroo calls on government to protect delivery riders in new campaign
⚡Q-Commerce
Swiggy expands 10-minute food delivery service Bolt to over 400 cities.The massive expansion of the rapid food delivery service by Swiggy comes at a time when startups are increasing their presence in this area (Economic Times).
DMart vs Quick Commerce: Is the retail giant losing ground to 10-minute grocery delivery players?DMart’s bulk-buying model faces challenges from quick commerce players like Blinkit and Zepto, which cater to the rising demand for frequent, small purchases with instant delivery (Upstox).
🍏 Grocery Delivery
Scotmid and Scoffable Partner to Launch Grocery Delivery Across Scotland.Scotmid and West Lothian based delivery platform, Scoffable, have announced an exciting new partnership that brings a fresh approach to grocery delivery across Scotland (365retail).
Walmart Canada partners with DoorDash.The new alliance opens the delivery service to more than 300 locations (Supermarket News).
Online Grocery Delivery Services Market Research 2024-2029: Explore the Impacts of E-Commerce Giants, Startups, Sustainable Practices and AI Integration on the Future $1.47 Trillion Industry.The “Online Grocery Delivery Services Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029F” report has been added toResearchAndMarkets.com‘s offering (Globe Newswire).
Blinkit, Swiggy Instamart, and Zepto Dark Stores Set to Change Grocery Landscape in Belagavi: Impact on Local Kiranas?The grocery shopping experience in Belagavi is poised for a transformation as Blinkit, Swiggy Instamart, and Zepto prepare to launch their services in December 2024 (All about Belgaum).
DoorDash bolsters its grocery lineup.The third-party e-commerce provider has added Stew Leonard’s, Fresh Encounter and three more grocers to its delivery roster (Grocery Dive).
🛸 Delivery Tech
Company pilots drone food delivery service.In California, a company is running a pilot program for drone food delivery (CBS News).
Starship and Bolt partner to launch robot-powered grocery delivery.The Estonian-founded tech giants have partnered to set the pace for sustainable city delivery in Europe (Tech EU).
Estonian ride-hailing and food delivery startup Bolt said on Thursday it had hit 2 billion euros ($2.11 billion) in annual revenue, as the European rival of U.S.-based Uber opens new tab grows its global presence and prepares to go public