Restaurant food delivery from third-party services like DoorDash and Grubhub will account for 70 percent of all delivery orders by 2022, according to a new report from CBRE Group. It’s a surprising prediction — said no one ever. CBRE’s new report, the third in the firm’s U.S. Food in Demand series, is one of many, many pieces of research confirming […]
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DoorDash continues to lead in the food delivery wars
In October, DoorDash had about 35% of the U.S. meal delivery market, according to a new report. DoorDash leads the market in delivery in five out of the top 15 largest U.S. markets. The overall meal delivery market grew by 40% in October year-over-year. close dialogWATCH NOW An exclusive partnership with Cheesecake Factory and deals to deliver […]
DoorDash led meal delivery market in October
DoorDash (DOORD) held 35% of the U.S. meal delivery market last month, according to new data from consumer analytics firm Second Measure. Grubhub (GRUB +2.9%) held 30% of the market, and Uber Eats (UBER +4.7%) had a 20% share. The overall market grew revenues 40% Y/Y. DoorDash sales were up 114% in the period. DoorDash is reportedly planning to […]
Americans Spend Billions on Takeout. But Food Delivery Apps Are Still a Terrible Business.
Before you dig into this column, you may want to order a pizza. Open up your favorite food-delivery app—DoorDash or Uber Eats, Grubhub or Postmates—and pick your favorite pizzeria. As I wrote the column, I had a hankering for a margherita pie from Amici’s East Coast, just a few miles away, in Mountain View, Calif. […]
Competitors elbow way to Grubhub’s table
It’s never been easier to get a meal delivered to a front door in the US with restaurant delivery services like Uber Eats, Grubhub, DoorDash, Postmates and Deliveroo on hand. But competition is heating up in the online food delivery market as customers put low prices ahead of loyalty. Grubhub, which also owns the service […]
Waitr reports net loss of $220M; company looks to stay independent
Waitr Holdings Inc., the Lake Charles-based mobile app food delivery business, went deeper into the red as the company reported a net loss of $220.1 million, or $2.89 per share, as of third quarter. By comparison, Waitr lost $6.5 million during third quarter 2018. About $192.1 million of the losses stemmed from goodwill and intangible […]