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Week 22/7/2024

🍕 Food Delivery

 

India’s Swiggy and Zomato raise platform fee by 20%.

Indian food delivery platforms Swiggy and Zomato have implemented a 20% increase in their platform fee and now charge Rs6 ($0.072) per order (Yahoo Finance).

Uber’s Evolution Shows How Retail Media Will Get More Complicated – And Lucrative.

Uber has rocketed from no formal ad business two years ago to being on pace to earn more than a billion dollars from advertisers this year (Ad exchanger).

foodpanda launches ‘Meal For One’ for solo diners.

Customers can now order single-person meals with no minimum order and lower delivery fees (Retail Asia).

ONDC’s Market Penetration Surges: 3% Share of Major Food Delivery Giants Revealed (Pune News).

Food delivery apps, restaurants prepare for mandated new pricing options in Jersey City.

Part of Jersey City’s new law regulating food delivery app companies takes effect Aug. 1, but restaurants have already begun to feel the relief it’s intended to provide (NJ.com).

This London Food Delivery Company Is Inspired By Mumbai Dabbawalas.

Mumbai Dabbawalas are lauded for their efficiency and sustainability (News18).

Food Delivery To Get Costly As Swiggy, Zomato May Further Hike Platform Fee To Rs 10-15.

Swiggy was first to begin charging a platform fee of Rs 2 in April 2023. Zomato followed suit in August. Since then, the two rivals have been pushing up the fee, as customers seem willing to pay with no negative impact on order volumes (India.com).

ONDC Is Now Accounting For 3% Of Food Delivery Orders In India.

India’s food delivery market had long thought to have settled into a comfortable duopoly between Zomato and Swiggy, but a third player is slowly beginning to make its presence felt (Office Chai).

Newly arrived migrants encounter hazards of food delivery on the streets of NYC: robbers.

Asylum-seekers have gravitated to working food delivery in New York and other major cities, drawn by an abundance of customers and ease of getting started (ABC news).

Meet agents of food delivery platforms Swiggy, Zomato who earn more than software engineers, their salary is…

A YouTuber’s interview revealed that Swiggy and Zomato delivery agents surpass the average earnings of IT engineers in India (DNA India).

Uber Eats eats into Uber ridesharing.

When Uber expanded into food delivery, the move was expected to bring additional revenue to the ridesharing company. It certainly did (Phys Org).

ONDC corners 3% order volumes of Swiggy, Zomato: sources

An internal analysis by government-backed Open Network for Digital Commerce (ONDC) has shown that the ecommerce initiative has cornered about 3% of Swiggy and Zomato’s food-order volumes, according to people in the know (The Economic Times tech).

Uber Eats has failed to deliver after a £19,000 fraud.

Our pizzeria takings were diverted to a rogue account but it is refusing a refund (The Guardian).

Uber Eats has warned of a new scam. Here’s what to watch out for.

The scam, which invites customers to join a promotional team, is circulating via WhatsApp, according to Uber Eats (SBS News).

Uber Eats and Deliveroo rival, Delivery Hero, reports a slip in shares after being hit by a $433 million European antitrust fine.

Delivery Hero SE shares fell by the most in two months after the company warned it faces an antitrust fine that could exceed €400 million ($433 million) from European Union regulators (Fortune).

H Mart links with Uber for delivery.

Around 80 of the Asian supermarket chain’s stores will kick off the partnership (Grocery Dive).

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