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Wednesday, May 15, 2024

Grab leading in food delivery

A Grab delivery driver picks up orders received online for delivery.

Grab commands 50% of the market share among online food delivery apps in terms of gross merchandise value (GMV), followed by Foodpanda at 23% and Lineman 20%, according to the consultancy Momentum Works (MW).

While food delivery platforms do not report their internal numbers for GMV or revenue, the report by MW offers evidence of Grab’s domination of food delivery in Thailand.

However, the report does not include data from delivery apps not created by tech startups such as Minor Group’s 1112 delivery app that offers deliveries from chain restaurants like Pizza Company and Burger King or the McDonald’s proprietary delivery app.

The report also estimated the total GMV of online food deliveries grew 183% in Southeast Asia in 2020, from…

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