News Formal

A New Market Emerges for Online Delivery: 10-Minute Groceries

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Large supermarket chains may elect to acquire or partner with some of the more promising startups offering super-fast deliveries of staples like toilet paper and ice cream, an industry expert said

LONDON—A new generation of delivery startups is competing around the world for investor cash and the loyalty of impulse buyers—promising groceries in as little as 10 minutes.

The pandemic helped push online grocery shopping into the mainstream, revolutionizing a swath of the $2 trillion-a-year global grocery market. Now, new players are banking on a business model derived from the one that propelled online food delivery world-wide.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hot Japanese Titles Adorn the 2021 TIFFCOM Online Film MarketJapanese film sellers are once again out in force at TIFFCOM, which is completely online for the second year in a row. Buyers will find much familiar from the Busan market, but new titles are on of…
Source: Variety - 🏆 108. / 63 Read more »

In Spain, delivery riders law reshuffles deck for take-away marketJust weeks after Spain became the first EU member to give delivery workers labour rights, firms that employ them like Uber Eats or Just Eat are still struggling to adapt to a new law which may become a model for the rest of Europe.
Source: YahooNews - 🏆 380. / 59 Read more »