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
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Room for more offices, homes and green spaces to make Orchard Road more vibrant
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
MAS revises takeover and merger code to enhance competition and disclosures