Swiggy, Zomato Amongst Top 10 Global Food Delivery Platforms ...
30 October 2024
Indian food aggregator platforms Swiggy and Zomato have featured in world's 'Top 10' e-commerce-based food delivery companies. A report published by Canada-headquartered global research firm ETC Group titled 'Food Barons 2022 - Crisis Profiteering, Digitalization and Shifting Power' placed Swiggy and Zomato the 9th and 10th spot, respectively. The most important part is that both of them arepart of over 100 Indian unicorns. Unicorns are companies with a total value of over USD 1 billion. According to the research firm, the food delivery sector refers to digital, on-demand platforms for ordering and paying for prepared food, groceries and other retail items. Restaurants/retailers fill the orders and couriers deliver them to customers within a prescribed timeframe. China's publicly listed food platform Meituan was at the top of the list, followed by the UK's Deliveroo, and the US' Uber Eats.
Indian food aggregator platforms Swiggy and Zomato have featured in world's 'Top 10' e-commerce-based food delivery companies. A report published by Canada-headquartered global research firm ETC Group titled 'Food Barons 2022 - Crisis Profiteering, Digitalization and Shifting Power' placed Swiggy and Zomato the 9th and 10th spot, respectively. The most important part is that both of them arepart of over 100 Indian unicorns. Unicorns are companies with a total value of over USD 1 billion. According to the research firm, the food delivery sector refers to digital, on-demand platforms for ordering and paying for prepared food, groceries and other retail items. Restaurants/retailers fill the orders and couriers deliver them to customers within a prescribed timeframe. China's publicly listed food platform Meituan was at the top of the list, followed by the UK's Deliveroo, and the US' Uber Eats.
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