In S-E Asia, can quick commerce become a key growth driver for food delivery platforms?
This approach improves rider utilisation rates and could catalyse subscription services
[SINGAPORE] Quick commerce is evolving in Singapore as food delivery platforms seek to improve unit economics, with customers moving beyond last-minute order top-ups towards larger, planned grocery purchases.
Quick commerce refers to the delivery of goods and services in an hour or less.
On foodpanda, Singapore shoppers have increased their monthly order frequency by 7 per cent since 2023. Customers also bought 8 per cent more products in each order between 2024 and 2025.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources