food delivery

Food-delivery platforms reported a surge in orders on New Year’s Eve 2023 to 6.5 million, an 18% rise from the 5.5 million orders placed on the same day a year ago, according to a report by market research firm Redseer.Orders were in high volume throughout the day, experiencing a peak during the night. The gross merchandise value (GMV) in the morning was 1.5-2x the daily average for the year, climbing to 2.5-3x at night, the report said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

A significant victory for Estonian ride-hailing and food delivery startup Bolt against Britain's tax authority last week could prove to be positive news for its rival Uber.Bolt took on HM Revenue and Customs (HMRC) over whether it was liable to pay a 20% tax charge on its gross income from customers or its margin.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIIT DelhiIITD Certificate Programme in Data Science & Machine…

Pan-African e-commerce giant Jumia Technologies will end the running of its food delivery arm this month in Nigeria and six other markets where it has footprints on the continent. The decision is part of a cost-cutting push aimed at refocusing the company on expanding its online retail business. Jumia Foods, which accounted for 11 per cent of Jumia’s gross merchandise value – the value of goods sold via its platform – in the nine months to September has never recorded a profit since it commenced business. In…

To her surprise, the post attracted much more attention than she’s ever received. She soon got more than 2,000 comments, many of which were other screenshots of particularly bewildering complaints. People have kept replying to her, and she’s now at the point where she’s getting tired of reading Meituan reviews. “At least 90% of the are doing it for the fun,” Yu says. “If the complaints by the restaurants and the customers were boring, I don’t think there would be many participants.”  Meituan has clearly designed the…

Want your tech delivered to your home with the same anxiety-inducing speed as your local pizza delivery guy? DoorDash said it was now working with Best Buy to offer door-to-door delivery for tech products, though your average food delivery guy might need a bigger bike if he’s to lug that massive 50-inch flatscreen over to your front door.Like It or Not, Your Doctor Will Use AI | AI UnlockedOn Wednesday, the delivery app said users can shop for specific Best Buy products through the DoorDash marketplace app or the website.…

With more laws on the books demanding additional pay for gig workers, DoorDash has finally come around to offering some hourly pay for its Dashers, though only when they’re hoofing it to their delivery spot. The food delivery app announced Wednesday that contract delivery drivers can now earn a base hourly pay and still receive “100% of tips” on top of it. “Dashers” can still get paid per offer, but now the app should display a guaranteed minimum amount that they can expect to make per offer before they select the job.Are…

Restaurants get nearly a third of their revenues from food delivery aggregators Zomato and Swiggy despite about 75% of them having direct ordering channels such as own app and website, social media connects, or direct tele calling to generate demand.Also, over 85% of the restaurants have higher price tags on their online menu compared to dine-in menu prices to recoup high aggregator commissions and discounts, said a recent report by JM Financial that surveyed more than 135 restaurants spread across top 10 cities."While,…

Uber, Grubhub, DoorDash, and their delivery app peers will soon have to pay couriers a minimum wage in New York City. The most populous U.S. metropolis officially enacted the landmark pay floor for food delivery on Sunday, as announced at City Hall by Mayor Eric Adams and Senator Chuck Schumer.Robinhood App Lays Off 9% of StaffBeginning July 12, companies will have to shell out at least $17.96 per hour to delivery workers. That rate is set to rise to $18.96 by April 1, 2024,and $19.96 per hour in 2025. Apps will have the…

Zomato, a restaurant aggregator and food delivery company, is preparing to…

I found that the reality of drone delivery is still far from ideal, and people may be turned away by the steep learning curve. But at the same time, it was an exciting experience—the prospect of routine drone delivery feels more realistic than it’s ever been. Meituan currently operates more than a hundred drones from five delivery hubs (or launchpads) in the city. Together, they completed over 100,000 orders in 2022. While the platform itself can deliver basically anything, from dinner to medicine to fresh flowers to…