HOCK LOCK SIEW
End of pandemic boom may push some food delivery firms into survival mode
FOOD delivery has come off the heady growth experienced in the early days of the pandemic.
Gross merchandise value (GMV) for South-east Asia jumped 183 per cent between 2019 and 2020, and climbed a further 30 per cent between 2020 and 2021.
Since then, though, growth has been nothing to shout about.