Homegrown food delivery platforms Swiggy and Zomato are among the world’s largest ‘ecommerce food delivery companies’, according to a report.
Swiggy is the ninth largest ecommerce food delivery company, according to a report published by Canadian non-profit ETC Group, while foodtech giant Zomato is ranked tenth. China’s Meituan topped the list, followed by the UK’s Deliveroo and the US-based consolidated entity of Uber Eats and Postmates. According to the report, the food delivery sector has retained its pre-pandemic characteristics of rapid consolidation, worker exploitation, and a long path to profit delivery.
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Homegrown food delivery platforms Swiggy and Zomato are among the world’s largest ‘ecommerce food delivery companies’, according to a report.
Swiggy is the ninth largest ecommerce food delivery company, according to a report published by Canadian non-profit ETC Group, while foodtech giant Zomato is ranked tenth. China’s Meituan topped the list, followed by the UK’s Deliveroo and the US-based consolidated entity of Uber Eats and Postmates. According to the report, the food delivery sector has retained its pre-pandemic characteristics of rapid consolidation, worker exploitation, and a long path to profit delivery.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
