Too Long; Didn't Read
One in every five smartphones has at least one food delivery app installed. Revenue from food delivery apps has already crossed the $107 billion mark in 2019. At a CAGR of 9,9% between 2019 and 2023, the revenue is expected to cross $156 billion in 2023. UberEats, Grab, Deliveroo and GrubHub are some of the most popular names. Zomato, Go-Food/Go-Jek, and Swiggy have carved their own niche in specific markets.