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Break-even still not in sight for F&B outlets despite spike in takeaways

Some have had to offer discounts while paying hefty charges to delivery platforms

TungLok CEO Andrew Tjioe says his margin is further squeezed by the 30% commission charged by delivery platforms, which is why he prefers customers to pick up the orders themselves.


SOME listed food and beverage (F&B) players have seen a spike in delivery or takeaway volumes as a result of the "circuit breaker". But they claim the rise is nowhere near enough for them to break even.

Andrew Tjioe, chief executive officer of TungLok Group, told The...

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