As some restaurant delivery aggregators struggle to maintain sales growth in the face of global macroeconomic headwinds, multinational food delivery service Delivery Hero is seeing success improving the economics of the model with targeted incentives to boost average order value (AOV). On call with analysts...
As rising food prices have many consumers shifting from costly restaurant orders to more budget-friendly alternatives, third-party aggregators are investing in their non-restaurant categories. DoorDash, the United States’ leading restaurant aggregator, announced Monday (Aug. 15) a partnership with discount grocer Grocery Outlet to offer on-demand...
As retailers and restaurants improve their direct delivery channels, aggregators are challenged to work harder to draw consumers to their marketplaces. Convenience store giant 7-Eleven, for one, has been especially proactive in developing its delivery capabilities, making on-demand fulfillment part of the brand’s value proposition...
Food delivery giant Just Eat Takeaway wrote down the value of its U.S.-based division Grubhub by 3 billion euros ($3.1 billion) as record-high inflation continues to constrain household budgets and food delivery companies overall take a hit. Total orders on its platform decreased 6.8% from the same period a...
Uber is most likely the seller of a 7.8% stake in Indian food delivery platform Zomato set to go up for sale Wednesday (Aug. 3). According to a Tuesday (Aug. 2) report from Reuters, a term sheet shows that the offer size of 612 million...
Food delivery and payments tech company Waitr will be working with the New Orleans Saints to add in-stadium ordering options for the Caesars Superdome in New Orleans, a press release said Tuesday (Aug. 2). It will allow fans in some sections to order food from...
As delivery firms compete for consumers’ dollars, leading players are leveraging their subscription and membership programs to become one-stop shops for restaurant orders. Uber, for its part, is seeing nearly a third of its delivery orders coming from members of its paid Uber One membership...
Uber’s food-delivery business should show strain from the historic inflation hammering the U.S. when the company posts its quarterly earnings this week. As Reuters reported Monday (Aug. 1), analysts expect the company to report second-quarter revenue of $7.39 billion, an 88.2% increase from the second...
Until speed-of-thought delivery is innovated, the next best thing is same day, a concept that Amazon is pursuing aggressively at a time of increasing demand for speedier service. Amazon said in a Monday (Aug. 1) blog post it’s now offering same-day ordering and delivery for...
