If fund raising is any indication of this prediction (my bet is yes), look no further than the two big players in India - Swiggy and Zomato [0] and [1]. Losses

If fund raising is any indication of this prediction (my bet is yes), look no further than the two big players in India - Swiggy and Zomato [0] and [1]. Losses are in the range of 70 million dollars or so for FY17-18 [2] [0] https://www.livemint.com/Companies/9cuyxq0GMXuDWaGuMWYsZL/Swiggy-raises-1-billion-in-largest-funding-round-till-date.html https://www.livemint.com/Companies/9cuyxq0GMXuDWaGuMWYsZL/Sw... [1]https://inc42.com/buzz/zomato-in-talks-for-1bn-war-chest-to-counter-swiggys-latest-funding/ https://inc42.com/buzz/zomato-in-talks-for-1bn-war-chest-to-... [2]https://www.livemint.com/Companies/cjK3T36vZl1easaVBMXVNN/Swiggy-revenue-trebles-but-loss-doubles-too-in-201718.html https://www.livemint.com/Companies/cjK3T36vZl1easaVBMXVNN/Sw...