As food delivery continues to grow, it is important to support technologies and innovations that allow this growth to stimulate other improvements in overall quality of life
. Wolt was founded in Helsinki and is operating in 23 countries including much of northern Europe. This will support DoorDash in expanding its international presence outside the US. In the same way, EU companies are looking to expand in the US.
. In March 2021, it was valued at $39B. This is quite impressive considering that during the pandemic, even in cases of lockdown, grocery stores remained open.... [+]Europe is not far behind, with more than 10 new companies in this sector popping up in 2021, raising nearly 1.5B€. Three main companies are leading the way, starting with Getir from Turkey. Following close behind is Gorillas, which launched in June 2020 with 23k downloads that year and already around 1M downloads in 2021.
. Another interesting finding is that nearly one third of individuals felt bad about having people potentially put their health at risk to deliver food. This was offset by about 50% who considered the positive aspect that food delivery can stimulate the economy. This sector is growing and has roughly tripled during the pandemic. However, it is a very competitive market with narrow margins with respect to both profitability and customer satisfaction. In order to keep current customers and gain new ones, solving the pain points and creating a habit of purchasing online will be needed. And if successful, everyone wins consideringThe vehicles needed for serving the grocery market are varied.
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