Boolanga Bites
Your Personal Navigator in the Ever-Evolving World of Food Delivery
Week 30/12/2024
?? What’s New at Boolanga?
?? Food Delivery
From DoorDash To Zomato: The Largest Food Delivery Companies By Market Cap. Over the past few years, the global food delivery market has grown rapidly, driven primarily by the impact of the COVID-19 pandemic and rapid advancements in technological innovation (ESM).
Mideast IPO Momentum Faces Valuation Test After $13 Billion Year. IPO rush seen extending into 2025, but valuations will be key (Bloomberg).
When one man’s blitz is another man’s blintz. Matthew McConaughey’s Uber Eats ad keeps beating the spread (Boston Globe).
Taiwan blocks Uber's $950M Foodpanda deal over competition concerns. Taiwan has blocked Uber Technologies' $950 million purchase of Delivery Hero's Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on Wednesday (VN Express).
Safe food delivery gets seal of approval. Some three million orders of food are delivered every day in Shanghai (Shine).
Hungry for speed: The 10-minute food delivery saga. In the bustling corridors of India's quick commerce sector, the race to deliver your next meal faster than you can say ‘biryani’ has reached a fever pitch (Financial express).
UAE Online Food Delivery Market to Grow at a CAGR of 10.2% during 2025-2033. A combination of factors such as advancing consumer lifestyles, rapid urbanization, as well as a tech-savvy population are responsible for the growth of the UAE online food delivery market (OpenPR).
Meituan to end late delivery penalty amid regulatory crackdown on algorithm misuse. The shift is part of the changes to the company’s overarching algorithms that determine a series of operational procedures for its couriers (SCMP).
New Safeguards Implemented by DoorDash to Combat Fake Identities. Online food delivery platform DoorDash has adopted changes to its driver verification system months after U.S. lawmakers questioned whether it and similar services were being co-opted by illegal migrants "gaming the system." (Newsweek)
?? Q-Commerce
‘Blinkit, Swiggy Instamart, Zepto misusing FDI’: CAIT urges govt for strict monitoring of quick commerce firms. Seeking immediate steps to ensure quick commerce businesses “comply with laws and regulations”, the confederation in a letter to Goyal accused them of misusing foreign investments to distort the country’s retail market (Financial express).
Blinkit in Jammu! A New Chapter in Quick Commerce. Is Blinkit's expansion into Jammu set to revolutionize quick commerce in the city? With three new stores in Trikuta Nagar, Roop Nagar, and Akhnoor Road, can Blinkit meet the growing demand for fast deliveries? Read
on to know! (Tice news)
Quick commerce craze: From snacks to gold delivered in a flash. In line with changing consumer patterns, platforms double down on speed and assortment (The Hindu business).
Ola Consumer launches 10-minute grocery delivery in India. Ola Consumer, led by Bhavish Aggarwal, has reportedly launched a 10-minute grocery delivery pilot program in select Bengaluru areas, following its earlier testing of quick food delivery services (Tech in Asia).
?? Grocery Delivery
Here's what you need to know about grocery delivery services in Japan. Getting used to living in Japan occasionally means re-learning how to do basic, everyday tasks like grocery shopping (Japan today).
Grab and Nham24 join forces amidst a rapidly growing food and grocery delivery market in Cambodia. Nham24’s scale and local insights, combined with Grab’s AI-led tech capabilities, are expected to drive greater innovation and growth for the country’s digital economy (Khmer Times).
Pakistani grocery delivery startup Krave Mart gets funding from this cab booking platform available in India. InDrive has invested in Pakistani grocery delivery startup Krave Mart, aiming to explore opportunities in emerging markets (Times of India).
?? Delivery Tech
Uber Eats to start using robots for food deliveries in Miami. Food delivery giant Uber Eats will begin using robots for food deliveries in Miami as part of a pilot program that will be gradually expanded (Cuba en Miami).
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