Below we presented the list of the 5 largest food delivery companies in the world. For a more comprehensive list, please see the 15 largest food delivery companies in the world.
5. Ubereats (NYSE: UBER)
Total revenue: 1.2 billion USD
Ubereats is an exploratory service trialed in 2014 by Uber’s then-CEO Travis Kalanick. It started servicing a small Santa Monica test area and made it to Beverly Hills and West Hollywood. After a year, it became available to New York, Chicago, and even reached Barcelona! After a successful launch, Ubereats had its standalone app separate from its ride-sharing app Uber. Today, Ubereats serves 1,000 cities and is partners with 500,000 restaurants. Uber recently announced the acquisition of its San Francisco-based rival Postmates Inc for 2.65 billion USD increasing its market share to 30%. On another note, Uber Eats reportedly controls 29 percent of the global food delivery market.
4. Delivery Hero
Total revenue: 1.37 billion USD
Delivery Hero’s revenues in the third quarter of 2020 grew to 99% YoY to EUR 776 million. The European-based food delivery app is founded in Berlin. Delivery Hero offers all the restaurant food you can think of from organic food to vegan cuisine and Asian dishes too! Delivery Hero serves 40 countries and is available to 300 cities in Europe. It was founded in 2018 and started with a revenue of 687 million EUR and is now expected to achieve approximately 2.6 billion EUR.
3. Grubhub Inc. (NYSE: GRUB)
Total revenue: 1.3 billion USD
One of the nation’s largest food delivery companies is Grubhub which caters to 300,000 restaurants in their food delivery platform. Grubhub currently has 22 million active diners and is serving 4,000 cities in the U.S. Grubhub was founded in 2004 in Chicago, Illinois, and merged with Seamless Platform in 2013.
2. Amazon Food
Total revenue: 3.6 billion USD
Yes, we all know Amazon (NASDAQ: AMZN) has launched Amazon Pantry and Amazon Fresh which delivers grocery products to your doorstep. Amazon recently challenged the Indian food delivery market like Zomato and Swiggy as they enter the Indian market and started servicing some pin codes in Bengaluru. The e-commerce giant has entered the Indian market by investing over $6.5 billion. The e-commerce tycoon started offering lower commission fees on local restaurants in India as a prelude to their entry into the Indian market. This is reported to be lower than the 15 to 20% fee by Swiggy and Zomato. According to data from JM Financial, Amazon Food is projected to double its value from 3.6 billion USD to 8.6 billion USD in 2025 despite the pandemic recession. Could this be the best time for Amazon to launch their food delivery service in India? Local competitors like Zomato reported having laid-off hundreds and is currently experiencing a slow recovery rate from the lockdown.
1. Meituan Waimai
Total revenue: 13.73 billion USD
China’s leading food delivery company is Meituan Waimai. It was founded in 2010 in Beijing and now covers 2,800 cities in China. Aside from food, users can also purchase medications, fruits, and other daily essentials that can be bought in a supermarket. In August, Meituan Waimai’s market value surpassed 200 billion USD making it the fifth-largest company in Hong Kong stocks by market capitalization.
Please also see, 15 Largest Beer Companies in the World and 15 Largest Dairy Companies in the World.