NEW YORK: Meal delivery services became essential during the COVID-19 pandemic, when millions of Americans were under lockdown and restaurants were shut to visitors.
"When you receive 30 or 40 orders a day, you are happy. But the problem is that it does not translate into profits," Palombino told AFP. "We believe DoorDash will have a strong legal case against the permanent fee caps," Bank of America said in a research note last month. As for the 15 per cent commission, Palombino said that a successful restaurant can"only hope" for a profit margin of 15 or 20 per cent.In court, the food delivery platforms have argued that the cap will trigger higher fees for consumers, who have been relatively spared for now.
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