Looking at which online grocery delivery brands offer the freshest food the fastest and most cost-effectively, Consumer Reports just published a ranking that listed Target-owned Shipt as the best groceries-on-demand service. Consumer Reports is a subscription-based publication that surveyed more than 3,000 of its members for the report. They collectively rated Shipt highest for hours of delivery, timeliness, communications on delivery status, packaging and text-based customer service—among more conventional factors like quality and freshness of the items delivered. The report also includes a stat from Bain and company and Google […]
In a pre-holiday announcement, DoorDash announced another round of investor cash bringing its total haul to more than $2 billion and the company’s valuation to an incredible $12.6 billion. The San Francisco-based company, founded by CEO Tony Xu, announced the completion of a Series G round of $600 million. This latest round was lead by new investors Darsana Capital Partners of New York and also brought in Sands Capital as another new investor. The round also included DST Global, Temasek, Dragoneer, Sequoia, all of which participated in the $400 million […]
As Wells Fargo sees restaurant delivery swelling to a $50 billion industry in the U.S. by 2022, the mega bank’s recent survey of 475 delivery consumers provides some insight on frequency, incrementality and the types of restaurants that have the most to gain. In its survey of nearly 500 consumers who ordered restaurant delivery at least one time over the surveyed month, the most notable finding was that the bulk of its respondents ordered delivery less than five times in a month, and 28 percent ordered delivery only one time […]
If you’re Uber, Grubhub or DoorDash directing a huge fleet of delivery drivers or a restaurant with a lean-and-mean in-house delivery team, you have a vested interest in making sure your drivers are as safe as possible. Whether it’s causing an accident or just being a jerk on the roads, a bad driver can jeopardize a brand’s goodwill or endanger the lives of customers. With a goal of preventing accidents in delivery cars without built-in collision avoidance technology, the free Driver app from Driver Technologies’ uses everyday smartphones to allow […]
Summing up its recent restaurant technology symposium that included 15 restaurant technology companies and investors, Piper Jaffray Senior Research Analysts Nicole Miller Regan and Joshua Long looked at accelerating changes in the $1.6 trillion U.S. food market that’s now split 50/50 between restaurants and grocery stores. The topline stat is $200 billion, as this is only the latest study projecting such a market opportunity for delivery in the coming years. That would represent 25 cents of every dollar in the restaurant industry. Diving deeper, the report focused on a few […]
Last week, research firm AlixPartners put out an interesting look on where the delivery world goes next, and one key part of the next delivery phase looks like it may be coming fast. According to that survey, the U.S. delivery market is in the middle of “Wave 2,” where consumers want their deliveries fast, cheap and routine. The next phase of where the U.S. and other economies is heading is all about convenience and getting cumbersome, bulky items delivered. This evolution also goes beyond simple deliveries with the desire for […]
