food delivery apps

With the exponential growth of food delivery apps like Zomato and Swiggy, quick service restaurant operators are finding the going tough with both their revenue and margin coming under severe stress while road to recovery is longer than estimated, says a report. The report by French brokerage BNP Paribas stated that the rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery sales. Also, with more restaurants partnering with food delivery platforms,…

Online food-delivery firms registered a modest growth of 7% in their business during the recently concluded Indian Premier League (IPL) 2023 as they held back on heavy spends on marketing campaigns and advertisements, according to a report from consulting firm Redseer.With consumer internet firms chasing profitability, the spends on marketing for online food delivery platforms like Zomato and Swiggy were lower compared to previous editions of the IPL.The Redseer report noted that rather than relying on "extravagant and…

What is your preferred food delivery app- Swiggy or Zomato? Both the apps offer amazing discounts, and other deals to let you enjoy your favorite meal at a relatively low price. But, what if we tell you that there is one more platform which is offering food at a cheaper rate than Swiggy and Zomato? Notably, as of now, the food delivery space has been dominated by two major food delivery apps- Zomato and Swiggy. And to attract more customers to their platform, they keep on rolling out new offers for users. However, now a…

Turkish delivery app Getir is in talks to take over German rival Flink in a key step toward consolidation in Europe’s food delivery market, where companies are battling a slowdown after Covid-19, the Financial Times said. There is no guarantee of an agreement being reached, however, said the paper, which cited people familiar with the matter. Flink and Getir declined to comment on the report. Flink is also in talks to raise funding of about $100 million from existing investors, for a valuation of more than $1 billion, the…

Brantley Bush couldn't shake the fear that he was about to be ripped off.It was a chilly Saturday evening, and Bush, a delivery driver for Uber Eats, was waiting in an alley next to a dumpster in the Pacific Palisades neighborhood - a decidedly unpretentious spot in the middle of an affluent enclave near Santa Monica.He had just snagged an order from a nearby high-end sushi restaurant, for three separate deliveries, giving him a chance for a hefty tip. The first delivery was to a two-story house with a manicured lawn and…

Ajay (name changed), working as a delivery boy of a popular online-delivery platform, was rushing to deliver his order, but got stuck in peak-hour traffic and thus was late to deliver his order. He called up the customer to inform his situation.Instead of being empathic, the customer called up his company to complain. Soon enough Ajay lost his job.Hamid (name changed) accidentally pressed the doorbell of a house, he was abused. The list is endless.In the world of instant delivery, every other day we hear stories where…