Swiggy And Zomato Among World's Top 10 Online Food Delivery System: Report中国业内排名第一followed by UK giant Deliveroo

ByTeena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Pexels

Online food delivery platforms Zomato and Swiggy got placed in the world's top ten e-commerce based food delivery companies, according to a new report published by a Canada-based global research firm ETC Group. As per the released report, Swiggy was placed in 9thposition and Zomato in 10th的地方。中国业内排名第一followed by UK giant Deliveroo. The list also includes Uber Eats (United States), Ele.me (China), DoorDash (United States) among others.

"The food delivery sector refers to digital, on-demand platforms for ordering and paying for prepared food, groceries and other retail items. Restaurants or retailers fill the orders and couriers deliver them to customer within a prescribed time frame," said the research firm, in a statement.

"From the beginning, the model has bee, explicitly, less about food service and more about logistics, e-commerce that includes customer-data collection and attracting technology-focused venture capital investors," stated in the report.

The report also mentioned about the competition existing in the sector, stating that, "Some players were gobbled up, and those that remained raised even more investment cash, while buying and swapping stakes in competitors."

While expressing the concerns over the food delivery sector's inhumane and possibly untenable labour practices through the promise of advanced automation, the report added that, "With little or no protections or perks, couriers put themselves in danger by speeding, breaking traffic laws, travelling through high-crimes area, rather than risk being fined or fired if they don't deliver often enough and fast enough. While gig work is supposed to allow people to choose how much and when they work, the reality is that the platforms are in control."

Wavy Line
Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.

Related Topics

领导

The Tractor Tycoon

In accordance with Make in India, International Tractors Ltd manufacturing facility, rolls out 1,000-plus tractor variants

Social Media

If You Don't Start Using Threads You Will Fall Behind — Here's Why the New Tech is a Game Changer For Entrepreneurs

Meta Threads is a revolutionary concept that is transforming the entrepreneurial landscape. This article delves into the intricacies of this game-changing innovation, shedding light on its potential to redefine entrepreneurship.

Money & Finance

How to Make Money Online: 10 Proven Ways to Make Money Online

Need to know how to make money online as a side gig or new career? Check out this breakdown of the 10 top online money-making methods.

Green Entrepreneur

How to Choose Carbon Credits That Actually Cut Emissions

Carbon credits are an important way to reduce your carbon footprint, but they can be confusing. Here's what you need to know.

Innovation

6 Ways Small Business Owners Can Get Their Employees to Use AI

Smaller-scale enterprises will always struggle to gain a strategic edge against resource-rich conglomerates, but AI offers a new landscape, and there are proven ways to fuel employees' ability to embrace and maximize it.

Entrepreneurs

Shashank Kumar: The Agri Revolutionary

Contrary to popular belief, coming from small town has proved to be advantageous for Shashank Kumar, Co-founder & CEO, DeHaat, a technology-based business to farmers (B2F) agritech platform. However, he feels challenges to grow the business has changed over the years.