Food Delivery App Revenue and Usage Statistics (2024)

The food delivery market has seen significant growth over the past five years. Led by platform-to-consumer services, such as DoorDash and Uber Eats, food delivery has expanded from takeaways to anything and everything, adding billions of dollars in potential revenue capture. The network effects of more delivery riders, alongside route optimisations technologies, has enabled faster and cheaper delivery. This has created a flywheel effect for many of the food delivery operators, which continue to try and undercut competition on razor thin profit margins as they battle for market share. Several of the aggregators (Just Eat, Grubhub) have recently incorporated this platform-to-consumer system, in which they are responsible for the delivery as well as the ordering process. The past few years has also seen more consolidation, … Continue reading Food Delivery App Revenue and Usage Statistics (2024)