Swiggy Instamart sells 581 chocolates, 324 roses per minutes on Valentine’s Day: ‘Bull run’.
Your Personal Navigator in the Ever-Evolving World of Food Delivery
Week 17/2/2024
🍕 Food Delivery
Yemeksepeti has once again won the title of “Turkey’s Most Favourite Brand”. With its user-friendly infrastructure, wide range of restaurants and superior customer service, Yemeksepeti was chosen as “Turkey’s favorite brand” in the “Online Food Ordering” category of the “Turkey’s Lovemarks” research in 2024 (Cumhuriyet).
Rapid grocer Gopuff using Morrisons supermarkets as daytime dark stores. The trial sees Gopuff orders picked, packed and dispatched from Morrisons stores (The Grocer).
Booker launches rapid delivery service for symbol retailers. Booker has been piloting the system in Budgens Abridge, near Romford in Essex, and is set to add a further three pilot stores over the next two months (The Grocer).
Deliveroo Expands Partnerships And Delivery Services Across The UK. New alliances with Co-op and pet stores highlight growing convenience for consumers (The Pinnacle Gazette).
Uber sues DoorDash, alleging anti-competitive tactics. Ride-share giant Uber filed a lawsuit Friday against DoorDash, accusing the delivery outfit of stifling competition by intimidating restaurant owners into exclusive deals (Techcrunch).
Get to know the types of users and products that buy the most on Valentine’s Day: from flowers to adult toys. Each of the groups has particular characteristics that determine their consumption habits and preferences when choosing how to celebrate Valentine’s Day (Infobae).
Swiggy Instamart sells 581 chocolates, 324 roses per minutes on Valentine’s Day: ‘Bull run’. According to data shared by Swiggy co-founder Phani Kishan, the platform processed orders at a staggering rate during peak hours—581 chocolates and 324 roses per minute. Drawing a comparison with the stock market, Kishan described the surge as a ‘bull run’ for love (Moneycontrol).
Uber Eats teams with Avride to bring food delivery to Jersey City. Uber Technologies has teamed with Avride in a multiyear partnership to bring Avride’s delivery robots and autonomous vehicles to Uber and Uber Eats (ROI).
JD.com enters the food delivery market to challenge Meituan. The Chinese e-commerce giant is stepping into the sector, intensifying competition with Meituan. (Momentum Asia).
Uruguay passes a new law to regulate digital platform workers. The legislation introduces new protections and standards for gig economy workers. (América Retail).
Swiggy plans to standardize its 2% collection fee. The company is working on a pricing adjustment, but the changes won’t happen in the near future.(NDTV Profit).
Hottest
Yemeksepeti has once again won the title of “Turkey’s Most Favourite Brand”.
🍏 Grocery Delivery
NearSt launches tech allowing c-stores to connect in-store inventory to delivery apps. Tech company NearSt has created new software that allows convenience retailers to automatically connect their in-store inventory to home delivery platforms (The Grocer).
Zepto Cafe hits 75,000 daily orders, marking a 50% month-on-month surge. After groceries and other items of daily needs, the quick delivery trend is fast catching up in the food segment as firms are racing to serve it hot (Business Standard).
E-Commerce
Meituan doubles down on AI in its 2025 strategic plan. The company is focusing on artificial intelligence to enhance operations and improve delivery services(TechNode).
iFood’s digital bank delivers its first billion reais. iFood Pago surpasses R$1 billion in revenue and prepares to offer an exclusive credit card for legal entities. CEO Bruno Henriques explains the strategy (Neofeed).
DoorDash releases its Q4 and full-year 2024 fiscal results. The company shared its financial performance and key business highlights for the year. (AndNowUKnow).
🛸 Delivery Tech
Grab’s in-app recording feature sparks privacy concerns. The new feature raises debates over user data security and privacy implications (Tech in Asia).
Delivery Hero to buy back $1b in bonds. Delivery Hero SE, a German food delivery company, plans to repurchase approximately €1 billion (US$1 billion) in bonds (Tech in Asia).
Zepto world’s second most downloaded app in food and drink category. Zepto, the Indian quick commerce startup, last year became the world’s second most downloaded mobile app on mobiles in the foods and drinks category, according to data Sensor Tower released recently.
Meituan launches lifestyle and food app Yami. The app’s slogan is “Let’s find great restaurants together”, emphasising Meituan’s ambition to build a foodie community.
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