Right physical asset balance key to success of grocery delivery players
In addition to leveraging their transport fleet, some new rivals from food delivery sector are also building own inventory
Singapore
COMPETITION in Singapore's online grocery delivery sector is intensifying, as more vie for a slice of the growing pie. Relatively newer players Grab, foodpanda and Deliveroo have invested substantially into the space in 2020, and look set to continue growing.
This adds to the broader hype around online grocery delivery in South-east Asia, where periodic lockdowns and movement restrictions have helped to fuel demand. This trend may now accelerate in Malaysia, which has imposed a Movement Control Order (MCO) in five states from Wednesday to Jan 26.
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