These are the world’s top food delivery companies – India’s Zomato and Swiggy have a long way to go as compared to their global counterparts like DoorDash or Meituan
Sanchita Dash
DoorDash/Wikimedia Commons/BCCL
- Online food delivery picked up pace in the last year as the COVID-19 pandemic forced people to stay home.
- DoorDash, fuelled by growth during the pandemic, went for a celebrated market listing in the US, while Chinese giant Meituan saw its profits jump by 374% in the third quarter of 2020.
- Indian foodtech unicorn Zomato too claimed that its orders grew after an initial setback and brought it closer to profitability.
While Indian foodtech unicorns (startups with a valuation of over a billion dollars) like Zomato claimed that their orders grew after an initial setback and brought them closer to profitability, the global stage saw startups break even more barriers. DoorDash, fueled by growth during the pandemic, went for a celebrated market listing in the US, while Chinese giant Meituan saw its profits jump by 374% in the third quarter of 2020.
Here’s a look at some of the world’s top food delivery companies that have grown rapidly during the pandemic, according to a report by JM Financial.
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