Will food delivery services ever deliver profits?
Last week, food delivery app Deliveroo stopped taking orders in Australia. Its British parent company said it wasn’t generating enough money, leaving Deliveroo Australia without any backing to continue operating. But Deliveroo isn’t the only food delivery company to fail or downsize recently. Voly and Send also went bust this year. GoPuff, Gorillas and Getir are all cutting staff in search of profits.
Today Sascha and Darcy talk about why food delivery companies are collapsing, and ask themselves... What are they going to do when they are hungover on Sunday morning?
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