Rohlik rolls up $170M to expand in European grocery delivery and sell its tech to others

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Week 15/7/2024

🍕 Food Delivery

 

Food delivery market size to cross Rs 2 lakh crore by 2030: Bain-Swiggy report.

The online food delivery market in India is on a significant growth trajectory, with Zomato leading in market share (The Economic Times).

Dining out, food delivery market to hit Rs 10 trillion by 2030.

The report, titled ‘How India Eats’, said penetration of online food delivery has steadily increased, rising from 8% to 12% between 2019 and 2023, representing a 2.8 times growth compared to overall food services (Financial Express).

Swiggy launches ‘Eatlists’, a global-first feature in food delivery.

The company said like creating and sharing music playlists, Swiggy’s Eatlists feature will enable food enthusiasts to curate and share their favourite dishes directly within the Swiggy app (The Economic Times).

 

India’s Zomato revives Legends intercity food delivery service. 

Zomato has shifted back to direct deliveries from restaurants, moving away from its earlier model of supplying pre-stocked food items (Verdict Food Service).

 

Food delivery workers using thermal lockers on the rise.

Thousands of food delivery workers from Uber Eats, Hungry Panda and Fantuan have adopted a new app and thermal food locker drop off system that’s been popping up in dozens of Melbourne high-rises, reducing wait times and making deliveries quicker, easier and more secure (RetailWorld).

 

Online food delivery estimated to grow at 18% y-o-y: Report.

The restaurants density in India is currently around 1,000-2,000 per 10 lakh people (The Hindu).

 

How to be more common touch? Audi and Cadillac engage with food “delivery boy”.

Recently, a video of a food “delivery boy” named Eason expressing his desire to buy an Audi and a Cadillac in English went viral on the Internet (DAO Insights).

 

Las Vegas food delivery struggles amidst intense heat wave.

The excessive heat that is hitting the Las Vegas valley is taking its toll on the volunteers who devote their time to delivering food to those in need (8newsnow).

 

The Global Convergence of Restaurant Delivery and Rapid Grocery Delivery Services.

The food delivery landscape continues a dramatic transformation as restaurant delivery and rapid grocery delivery services increasingly overlap (Food on Demand).

 

iFood launches digital bank for restaurants, iFood Pago.

Brazilian delivery unicorn iFood launched iFood Pago, a digital bank for restaurants. iFood operates with licenses for Direct Credit Society (SCD) and payment institution (LatamList).

 

Zomato shares climb 3% as online food delivery firm hikes platform fee by 20%.

Zomato: ICICI Secuirties expects Zomato’s food delivery gross order value (GOV) to grow 22.9 per cent YoY in the June quarter (Business Today).

 

NYC food-delivery workers losing jobs after minimum wage hike — even as menu prices soar.

New York City’s minimum-wage hike has boosted pay for food-delivery workers who have managed to hang onto their jobs, but thousands have lost work — even as the price to get a meal delivered goes through the roof, according to a report by city officials (New York Post).

 

Guangzhou to suspend food delivery riders with multiple traffic violations.

Delivery riders in Guangzhou, Guangdong province, will face at least one-day suspension from accepting orders on any platforms if they commit three or more traffic violations within a week (China Daily).

 

German CEO of Baemin Sparks Backlash by Announcing Intermidiary Fee Increase amid Controversy over His High Salary.

Amid the controversy of 44% intermediary fee increase continuing, Pieter-Jan vandepitte, the newly appointed CEO of South Korea’s leading food delivery service Baedal Minjok (Baemin), has announced a fee increase plan just eight days into his tenure (Business Korea).

 

Zomato directed to pay ₹60,000 for failing to deliver customer’s ₹133 order.

The complainant was awarded ₹50,000 as compensation for the inconvenience and mental agony caused to her, as well as litigation costs of ₹10,000 (Bar and Bench).

 

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).

India’s Zomato food delivery adds order history deletion feature.

The feature has been introduced following a user’s request to remove traces of his late-night food orders (Verdict Food Service).

 

DoorDash ramps up efforts to remove dangerous delivery drivers after cities complained.

Officials in Boston, New York, and other cities have said that in many cases, drivers are using unregistered vehicles for deliveries (Fast Company).

 

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