Knives are out with more cooks now in virtual kitchens
Food delivery operators were the early birds, but good demand and attractive margins have drawn new rivals
Singapore
A FIERCE battle is brewing in the world of cloud kitchens as new and old players rush to capture the margins and network-building opportunities created by the rising popularity of food delivery services.
In that fast-changing market, a growing number of rivals are jostling amid complaints of anti-competitive behaviour, experimentation with business models and concerns about over-stretching.
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?