This Week in Food Delivery & Quick Commerce (13/01/24)
Hi all,
The new edition of the newsletter is out!
Highlights:
Instacart teams up with Google
Walmart expands Drone Delivery
Zomato offers daily payouts
Grubhub pays $3.5M to settle
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💬 Quote of the Week
“The United States recently showed the world’s first underground robot delivery service. US-based logistics firm Pipedream created it for the Peachtree Corners in collaboration with Curiosity Labs in Georgia. Soon, its creators believe it could reduce emissions and achieve hyper logistics, which involves delivering items in less than 10 minutes.
More experts worldwide are developing smart cities that aim to improve communities with cutting-edge technologies. Pipedream’s underground delivery system might become one of the essentials for creating such an urban environment. As a result, future societies could lead us to a brighter and more sustainable future.”
Source: Inquirer.net
📊 Infographic/Stats of the Week
KeeTa’s aggressive promotion campaigns in Hong Kong target orders with a notably lower Average Order Value (AOV) compared to its rivals. According to Measurable AI’s unique transactional e-receipts data, KeeTa’s average order value in Hong Kong stands at around HKD 102, while the AOV for its competitors typically ranges between HKD 170 to 180 throughout the year.
Source: Measurable.ai
🚚 Deliveries
Grubhub settles Massachusetts' lawsuit over pandemic-era fees for $3.5 mln
Here’s why Uber Eats delivery fees in Seattle just skyrocketed
Most delivery gig work workers won't be impacted by the new fed rule — yet / How will President Biden’s new federal labor rule affect delivery workers?
Here’s how DoorDash, Uber, and Lyft are responding to rule change on gig work
Meituan Becomes No. 2 Hong Kong Food Service Months After Debut
Meituan executive says competition with Douyin is fierce and unlikely to end soon
🚀 Q-Commerce
Instacart Makes Google Shopping Ads Accessible to Advertising Partners / Instacart Goes Shopping For Incrementality
Instacart Expands In-Store Shopping Cart Business to Include Ads // Caper Carts Now Feature Personalized Ads
🍳 Dark Kitchens / Micro Kitchens / Virtual Brands
Franklin Junction Awarded Global Exclusivity for Nathan’s Famous Virtual Restaurants // Nathan’s Famous: Ghost Kitchen Industry Is Shifting Away From Small Businesses
Denny's inks a 250-unit deal with ghost-kitchen specialist Franklin Junction
💰 Financing / Exits / Acquisitions
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💻 Other
Domino’s will eventually expand to all third-party delivery platforms
US programmatic ad spending set to reach nearly $180 billion by 2025
📜 Deeper reads
Study: 62% expect to spend more on food delivery apps in 2024
Q-comm goes beyond grocery; all set to challenge e-comm dominance?
Inside Flipkart’s restructuring; Ad boost for q-commerce, food-delivery
Data privacy: shopping and food delivery apps track most data
The New 2024 Retail Trends — ‘Quick Commerce’ and ‘Recommerce’
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