DoorDash's acquisition could bring customers interested in higher-end food delivery – something it didn't previously emphasize:
just last week, two of Europe's largest food delivery platforms — Just Eat and Takeaway.com — agreed to an $11.1 billion merger.An expanded restaurant portfolio can appeal to new customers. Restaurant partnerships inform the type of customers attracted to a given food delivery platform. Per The New York Times, DoorDashto have deliveries in more suburban areas, with food coming from chain restaurants.
Scaling operations is of the utmost importance in the food delivery market, as it creates a competitive advantage in a crowded market. Achieving scale enables a virtuous cycle: Scaling leads to more efficient operations, which lowers operating costs, which creates a competitive advantage, which can then lead to further scaling.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sundance Pic ‘Sister Aimee’ Acquired By 1091, Will Hit Theaters In SeptemberEXCLUSIVE: Samantha Buck and Marie Schlingmann’s Sister Aimee, which had its premiere in the NEXT section at this year’s Sundance Film Festival, has been acquired by 1091 (formerly know…
Read more »
USA TODAY owner Gannett acquired by GateHouse Media owner
Read more »
Picturestart Acquires YA Bestseller 'With the Fire on High'Picturestart— the banner started by Lionsgate alum Erik Feig— has acquired the rights to Elizabeth Acevedo’s With the Fire on High.
Read more »
James Murdoch acquires majority stake in Robert De Niro's Tribeca Film FestivalJames Murdoch takes a majority stake in TriBeCa Film Festival, co-founded by actor Robert De Niro in 2001. Financial terms were not disclosed.
Read more »
Fox Corporation Enters Agreement To Acquire Majority Stake In Credible LabsFox Corporation has entered a definitive merger agreement to acquire a majority stake in Credible Labs Inc., a leading consumer finance marketplace in the country. Fox is looking to buy 67% of the …
Read more »
FBI: Delivery drivers involved in Amazon theft ringContract delivery drivers working for Amazon routinely stole items and sold them at pawn shops, FBI says in search warrant affidavit.
Read more »