Market analysis of Grubhub, DoorDash, Uber Eats, Amazon Prime Now, Walmart Grocery, Acme and other global players. Due to COVID, the stay at home economy has been growing as people shift to on-demand grocery and home restaurant delivery, statistics bear this out: Revenue from the online food delivery industry is projected to reach US$26 billion.Revenue is projected to grow at an annual rate of 5.1%, reaching $32 billion by 2024. Market volume in the market’s largest segment, restaurant-to-consumer delivery, is projected to reach $156 billion in 2020. The global food delivery market is expected to hit the $154 billion mark in 2023.Globally, most revenue in this sector will be generated in China ($51 billion in 2020). COVID Effect: Online Grocery Shopping Increased … Continue readingHunger Games: Who’s Winning the Food Delivery War?
Just about everything related to transportation is now becoming automated, on demand, or available to borrow. Over a few short years, an abundance of VC-funded apps have emerged that crowdsource just about every aspect for transportation, car management, and more. The Collaborative Economy has a branch of commerce that’s being dubbed the on-demand economy. Most of these apps are related to transportation, personal services, or logistics. The transportation sector is the most funded industry in the Collaborative Economy. In my ongoing studies of tracking market funding of this market, the transportation sector has received the most funding, over $14B, out-funding all other industries. The lion’s share going to ride-sharing apps like China’s Didi, India’s Ola, and America’s Uber; yet there … Continue readingTen Ways Mobility-as-a-Service Changes Your Lifestyle