The food delivery market is a bike crash waiting to happen
source link: https://www.telegraph.co.uk/business/2021/05/30/food-delivery-market-bike-crash-waiting-happen/
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The food delivery market is a bike crash waiting to happen
Far too much money is crowding into a small market with far too many players in it already
30 May 2021 • 11:00am
The grocery delivery market is becoming increasingly overcrowded with new startups
Credit: PRNewsfoto/Getir
Tesco is launching Whoosh, a one hour delivery service that will bring groceries to your door almost before you have even closed down the app. It’s great rival Sainsbury’s already has its Chop Chop operation. Meanwhile Waitrose has teamed up with Deliveroo to bring groceries to customers in the blink of an eye, and there are a host of start-ups biking stuff around big cities from Weezy to Gorillas to Dija. There is perhaps no hotter sector right now than the Delivery Economy. Everyone wants a piece of a market that is exploding in size....
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