Just Eat Takeaway.com announces intention to cease operations in France
Your Personal Navigator in the Ever-Evolving World of Food Delivery
Week 29/7/2024
🍕 Food Delivery
Food delivery fees are rising, and everyone’s feeling the pinch.
Between the service fee, delivery fee and tip added up at checkout, the price of a meal on third-party delivery apps can be far higher than many consumers expect (CNBC).
Food delivery firm, Grab Malaysia is offering the national contingent competing at the 2024 Paris Olympics & Paralympics up to 1 million rewards points and a year’s worth of free food if they win any medals, in addition the firm is also giving every local athlete participating an additional 50,000 reward points (Business Today).
Seven Graphs Illustrating The Growth Of Saudi Arabia’s Food Delivery Industry.
While meal delivery currently dominates the market, grocery delivery is rapidly gaining momentum, indicative of shifting consumer preferences and the emergence of innovative service options (Entrepreneur).
Magicpin to invest Rs 100 cr to onboard new food delivery partners on ONDC.
Magicpin will invest funds towards offering onboarding incentives like zero commission, zero onboarding fees, and free home delivery (Business Standard).
To ease food delivery, Marina Bay Financial Centre to extend grace period for motorcycle parking to 20 min. Ten more minutes.
Marina Bay Financial Centre (MBFC) will extend the grace period for motorcycle parking in its carpark from 10 to 20 minutes, starting from July 30 (Stomp).
Delivery app, eatery fined for serving non-veg food to veg consumer.
The district consumer disputes redressal forum fined a food delivery app and a restaurant for mixing up orders and delivering a non-vegetarian dish to a woman who ordered a vegetarian dish (Hindustan Times).
Uber, Lyft, DoorDash can continue to classify drivers as contractors in California.
The California Supreme Court ruled Thursday that Proposition 22 — the ballot measure that passed in November 2020 and classified app-based gig workers as independent contractors rather than employees — is here to stay (Techcrunch).
Exclusive | Amazon in deal talks with Swiggy for quick commerce business.
Early talks on; US ecommerce biggie looking for a buyout or stake via pre-IPO placement (Retail).
Just EatTakeaway.comannounces intention to cease operations in France.
Just EatTakeaway.comhas made the difficult decision to propose the closure of all operations in France, subject to consultation (Just Eat Takeaway).
Food delivery giant iFood to enter the payments market war.
Food delivery platform iFood is launching a bank for its 350,000 restaurants to expand
Careem takes on global tech players this week – launches rapid delivery of electronics at unbeatable prices.
Phones, laptops, tablets, gaming accessories, and more, now available for delivery in under 60 minutes via Careem’s ‘Quik Electronics’ (Zawya).
“Free delivery brings disloyal customers,” ChopNowNow founder muses as he pivots to grocery delivery.
About seven out of ten new businesses fail in the first five years, but ChowNowNow, a food delivery service in Lagos, made it to year six before it threw in the towel (Techcabal).
DoorDash must be more aggressive and bold in hugely competitive restaurant and grocery delivery space.
Every restaurant and grocery delivery company has themselves convinced that they’re actually a technology and logistics company. They’re not. Shipt, Instacart, DoorDash, Uber, and Amazon are falling over themselves to deliver products for retailers; it’s a race to the bottom (Retail Technology Innovation Hub).
Everyone wants a piece, but rapid delivery is still a small pie.
Start-ups have struggled as bigger players have gone after their market, even though it is unlikely to seriously challenge their traditional businesses (The Times).
India’s Q-Commerce takes off! 75-85% growth expected as 5 million new users dash to the market.
According to Redseer, Q-Commerce is projected to reach a market size of $6 billion by FY 2025, with expected growth rates of 75-85% (Financial Express).
Media builds up companies then tears them down, but execution matters: Zepto CEO(The Economic Times).
Instant delivery doesn’t work outside India. Zepto, Blinkit are a success here for a reason.
Adoption of quick commerce is highest among those aged 18-35. People aged 36 and above are also adopting digital channels, with more than 30% preferring instant delivery (The Print).
🍏 Grocery Delivery
DoorDash partners with Save A Lot for on-demand grocery delivery.
DoorDash says it has partnered with Save A Lot, one of the largest discount grocery store chains in the U.S. with over 750 stores (The Packer).
This Al-powered shopping cart is replacing the checkout line.
For its practical use of Al, Instacart’s Caper Cart is a winner of Fast Company’s 2024 Innovation by Design Awards (Fast Company).
🛸 Delivery Tech
Drone food delivery is spreading across Australia. Research suggests we will eat more junk food as a result.
Last week, a drone delivery company called Wing (owned by Google’s parent company, Alphabet) started operating in Melbourne (The Conversation).
Former Velodyne CEO’s delivery robot startup is ditching LiDAR for foundation models.
LiDAR has been a cornerstone of autonomous vehicle and robotics industries. While it’s become an industry standard, the technology has its drawbacks. Chief among them is high cost (Techcrunch).
Just Eat Takeaway.com confirms 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
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