11 charts show why Amazon, Uber and so many other tech companies want to deliver your food
Getty Images
Yet, pizza isn't the only delivery food, and there's companies warring over the rest of the market.
Grubhub remains the largest incumbent in the space, but startups from Silicon Valley and heavyweights like Uber and Amazon are now entering the food space too.
Morgan Stanley Research recently published a report that breaks down how big GrubHub's lead is on the rest of the competition - and where upstarts like Amazon and Uber could quickly catch up.
"Online food delivery is still in its nascency as, by our math, only 5% (or $10B) of the ~$210B core addressable restaurant spend is done through online delivery, and more than half of that is pizza," Morgan Stanley analysts noted.
Here's why so many big companies are salivating over the opportunity:
Disclosure: Jeff Bezos is an investor in Business Insider through his personal investment company Bezos Expeditions.
Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Apple Let Loose event scheduled for May 7 – New iPad models expected to be launched
- DRDO develops lightest bulletproof jacket for protection against highest threat level
- Sensex, Nifty climb in early trade on firm global market trends
- Nonprofit Business Models
- 10 Must-Do activities in Ladakh in 2024