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· Posted on
February 21, 2024

DoorDash will deliver groceries quicker than you can unload the dishwasher and welcome to the new era of convenience

With around 20 million customers in the US alone, DoorDash are the largest food delivery platform over there.

What's the key learning?

  • DoorDash are entering the ultra-fast grocery delivery market. We're talkin' 10 to 15 minutes tops for your groceries
  • Just like broadband redefined convenience in the dial-up internet age...ultra-fast delivery is doing the same for delivery companies
  • So far in 2021, around US$8 billion in venture capital has been invested into ultra-fast grocery delivery startups.

Background: DoorDash is the global online food ordering and delivery company. With around 20 million customers in the US alone, they're the largest food delivery platform over there.

What happened: Now, this crew are entering the ultra-fast grocery delivery market. We're talkin' 10 to 15 minutes tops for your groceries. Faster than you can listen to Taylor's All Too Well (10 minute version).

What else: So far, the service is only available to customers in New York City...but with ultra-fast delivery taking off around the world, hopefully they'll bring it down under soon.

So what's the key learning?

💡Just like broadband redefined convenience in the dial-up internet age...ultra-fast delivery is doing the same for delivery companies.

💡Companies set up their own, hyper-local fulfilment centres called 'dark stores' which cater exclusively to online shoppers. Then, they deliver to locals in 10-15 minutes. Whooosh.

💡So far in 2021, around US$8 billion in venture capital has been invested into ultra-fast grocery delivery startups. This is gonna get big.

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