Amazon's investment into Deliveroo and the Just-Eat/Takeaway merger are both put on hold by regulators. But regardless of what happens (both deals will likely still happen) we're entering a new chapter in the food delivery wars.
Asset-light marketplaces Just Eat, Takeaway, Delivery Hero and Grubhub had started to look vulnerable next to the heavily VC-funded logistics platforms built by Deliveroo, Uber Eats, Doordash, Rappi, Glovo and others. Lately however, there's an increased focus on unit economics. What if the billions in VC investment are scaled back? Asset-light models have a competitive advantage there. Uber Eats may have the best of both worlds: it is building the asset-heavy infrastructure while being subsidised by the profitable ride sharing business.
Globally, there are now 39 food logistics startups valued over $1 billion in both food delivery, groceries, meal kits, and farm-to-table. Check out the full query below: