Online food delivery - statistics & facts

An intricate network of investments

The financial performance of online food delivery companies is also due to a lively investment scene, where big groups hold shares of smaller companies operating in different regions. Although consisting of minority investments, Delivery Hero’s portfolio now includes several successful regional players, many of which have expanded beyond borders: from Deliveroo and Gorillas in Europe to Zomato in Asia and Rappi in Latin America. However, the Spanish-based delivery platform Glovo still represents the biggest share of Delivery Hero’s assets as of 2022.

The Turkish-based Getir is also an example of locally brewed players that are strengthening their position and expanding beyond domestic markets. Founded in 2015, the startup has launched its on-demand delivery platform in several EU countries as well as the United States. Thanks to a joint venture with Delivery Hero, the Brazilian iFood deployed services to the Colombian market in 2021. And the list continues...

Delivering fast as they can

Food delivery services operate in a highly competitive business environment, and consumers’ expectations about delivery timing constitutes a big part of the battle. A whole group of startups now ensures delivery in a few hours or less, populating the newly called quick commerce market. Grocery orders are mostly responsible for the higher preference rate for delivery within the hour, compared to other merchandise categories. Following this trend, worldwide investments into last-mile delivery are set to grow in the food and grocery market, surpassing 72 billion U.S. dollars by 2025.

Food orders become mobile

Instant purchase and express delivery combined with mobile usage pushed online food delivery to the next level of convenience. Since the COVID-19 pandemic, as consumers turned more than ever to mobile applications to order takeout and groceries, the use of food delivery apps reached unprecedented heights. In the past two years, users around the world also spent an increasing amount of time on food delivery apps. These facts, along with the segment’s unparalleled growth, suggest people’s fondness for online food delivery platforms is not fading anytime soon.

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