Food delivery is here to stay as F&B players ramp up online sales
But high delivery platform fees and fall in traffic from office crowd make recovery tough going, say some operators
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Singapore
THINGS are looking up for food and beverage (F&B) firms that have successfully transitioned to online sales. But worries include food delivery commission fees, and prolonged work-from-home arrangements still biting into revenues.
On Monday, Minister for Trade and Industry Chan Chun Sing told the media that F&B firms which have acted to transform their businesses, without waiting for pre-Covid-19 business conditions to return, are on the path to recovery.
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