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What is Food Delivery Industry Revenue Insights about?

The food delivery industry saw unprecedented growth during the COVID-19 pandemic. Global food delivery revenues increased 93% from 2019 to 2020, with Uber Eats and DoorDash reporting over 100% annual revenue gains. In 2020, Meituan (China) generated the most food delivery app revenue at $25.1 billion, followed by Uber Eats at $4.8 billion and DoorDash at $2.9 billion. Questions remain about long-term profitability as Uber Eats, DoorDash, and Deliveroo have yet to turn a profit. Dark store startups face simi

Author

Marcos Moreira Alves

Language

EN