Outbreak adds to demand surge for food delivery plays

Singapore

FOOD delivery and e-commerce players are gearing up for a surge in sales volumes in the upcoming weeks, as the novel coronavirus outbreak goes into its third week here.

Four out of seven tech companies The Business Times spoke to have confirmed an uptick in sales volume of up to 30 per cent over the past week, but reiterated that this could also be partly driven by demand surges during festive periods such as the Lunar New Year.