Competition in the online grocery delivery market is expected to escalate as Germany-based food delivery app Foodpanda becomes the latest player to step into the segment under Pandamart.
The move highlights the industry players’ focus to capitalise on the “quick commerce” trend, where items are delivered rapidly, rivalling traditional convenience stores and supermarkets.
Pandamart faces tough competition from GrabMart, linked with super-app Grab, and HappyFresh, which has a business connection with Line Man. Read more…..
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Online grocery delivery is seeing exceptional growth amid the coronavirus. Over the last few weeks, Instacart has seen customer order volume increase more than 500% year-over-year. But after the coronavirus, will demand for these online services stick?