Food Delivery

Meituan has had a very challenging 2023, with its falling share price and intense competition from both Douyin and Pinduoduo. Last Friday (2 Feb), Meituan...

Momentum Works recently launched our 4th annual Food delivery platforms in Southeast Asia report and following the launch we also held an online sharing...

Southeast Asia’s total food delivery spend on platforms grew a modest 5.0% YoY to reach US$17.1B in 2023, mirroring the growth rate observed...

Last week, Bloomberg reported that Meituan is in talks to acquire Foodpanda from Germany-based DeliveryHero.  This news came after German media reports that DeliveryHero and...

On Wednesday, German publication WirtschaftsWoche (lit. “Business Week”) reported that Delivery Hero was in talks to sell its Southeast Asia business, including Singapore, Malaysia,...

Since the launch of our first Apples to Apples report, the majority of the companies we analysed have reported a positive net income (i.e achieved profitability)....

On Wednesday, Grab released its Q2 2023 results. Overall the company made good continuous progress towards profitability, with steady growth in GMV for both...

Last week, Zomato - one of the two leading food delivery platforms in India - announced their Q1 FY 2024 (i.e. Apr-Jun 2023) results. For...

Strategic, personal and economic angles

Delivery Hero, a holding company of food delivery operators in multiple regions, released its Q1 2023 results last week. Share prices popped as a...