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I see these types of stats often, x number of companies now control over x% of x. On the face of it, what's the issue? Food delivery starts out as this awesome
by NoPicklez 1y ago
I see these types of stats often, x number of companies now control over x% of x. On the face of it, what's the issue?
Food delivery starts out as this awesome new tech that allows delivery and its prices are cheap for early adoption, lots of small players come to the market to try and ride the hype. The service grows in popularity and becomes steady state, companies start to look to drive further profit, companies consolidate where possible to avoid shutting down altogether. Global markets impact fuel prices, food costs and sees the delivery services grow further in price for all those across the supply chain.
How we have a number of steady state food delivery companies that have the capital, and/or subsidy capacity to run across different markets globally.
Also fun fact, Deliveroo doesn't operate in Australia and had to close due to high costs. Australian Government has been looking to increase rights of gig-economy workers, a cost that smaller player wouldn't be able to handle.