Friday, March 1, 2024

E57 – The Impulso Podcast – In focus: Food delivery in...

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

[Press Release] Southeast Asia’s food delivery spend reached US$17.1B with Vietnam...

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...

Should Meituan acquire Foodpanda? 

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...

Our thoughts on “Grab buying Foodpanda in Southeast Asia”

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

[New report] Apples to Apples 3.0: Benchmarking major tech platforms –...

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)....

Our thoughts on Grab’s 2023 Q2 earnings

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

Another food delivery giant becomes profitable?

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...

Why did Meituan buy a generative AI company?

Strategic, personal and economic angles

Our thoughts on DeliveryHero’s Q1 2022 results

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

Why is comparing the financial metrics of tech platforms so hard?

Major tech platforms companies, such as SEA Group, Grab, GoTO, Meituan and Zomato have become an integral part of our lives today. Most of...

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