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Tuesday, April 30, 2024

Food delivery apps Grab and Foodpanda expand into dine-in services

  • Singapore-based food delivery apps Grab and Foodpanda are expanding into the dine-in space, as consumers resume their daily routines and go out and dine in more frequently.
  • “I would say it is the standard template which everyone does,” Sachin Mittal, head of telecom, media and internet sector research at DBS Bank, told CNBC.
  • Investment banking firm Benchmark Company said in an April report that they expect “normalized food delivery growth going forward with a CAGR of 13% through 2025” as consumers dine in more.

Customers dining at Boat Quay in the Central Business District of Singapore.

Bryan van der Beek | Bloomberg | Getty Images

SINGAPORE — Singapore-based food delivery apps Grab and Foodpanda are expanding into the dine-in space, as consumers look to eat out more post-pandemic.

Grab is testing its dine-in feature across 15 cities in Singapore, Thailand and Indonesia, allowing users…

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