Express How delivery tech transformed the way we spend & live
Although our smartphones were already transforming the way we shopped and consumed, the COVID-19 pandemic undoubtedly served as rocket fuel for the delivery industry. Whether you want dinner or a brand new car delivered to your home address, there’s an app for that.
OPERATION DELIVERY
Most of us depended on apps like DoorDash and Amazon Prime to have dinner and goods delivered to our homes pre-pandemic, but 2020 changed the way we think about spending for good. At a time when consumers were asked to stay at home and avoid socializing, food delivery became a treat during huge uncertainty. The global food delivery market has grown to $150 billion and counting, tripling since 2017. And according to McKinsey & Company, the market more than doubled during the pandemic as more Americans sought comfort in fast food experiences during the lockdowns.
Although the technology was already there for many and Two recent IPOs - DoorDash in December 2020 and Deliveroo this March - have highlighted the excitement that’s present in the sector, but also raised doubts about the ongoing growth of food delivery. Other great projects like or wants to go even further, replacing Postmates or Instacart, right in from of your front door. As consumers return to the workplace and spend less time at home, some of these startups will no doubt fold, though behavioralists argue consumers have permanently changed their thinking - particularly around food. Rather than driving ten miles and waiting in line for takeout, they can catch up on work or relax in front of Netflix, having food delivered.
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