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

📆 11/1/2021 11:45 PM
📰 WSJ

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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.

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