Former head of strategy at a global on-demand giant
Question 1: What have been your key observations in online grocery since COVID?
Question 2: Dark stores don't have offline footfall. They have an app, but the app is not integrated with any other marketplace to acquire these demands initially, how effective are they with demand generation?
Question 3: Some on-demand grocery players hire couriers as full-time employees. How does the cost base compare with Uber Eats, Deliveroo type of contractors model?
Question 4: What trends do you see in basket size?
Ultrafast Delivery: The $28B Market to Build the On-Demand Bodega
Shifting the demand curve
Globally, there are 4,000 companies that offer food and grocery delivery. In the first half of 2021, more than 170 companies in this category raised financing rounds, surpassing $20B in funding. Out of the $20B, almost $3B was raised between GoPuff, Getir, Wolt, Weee!, and Gorillas. Two leading dark store operators in China, MissFresh and Dingdong Maicai, have both filed with SEC for IPO later this year.
- Valuation Model
- Expert Interviews
- Founders, funding