globalEDGE Blog Podcast

The Changing Food-Delivery Industry


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While many businesses have suffered due to the impacts of the COVID-19 pandemic, some industries have seen extraordinary growth. With legislation limiting or preventing the ability of restaurants to host guests, the demand for take-out and delivery options has risen dramatically. The food-delivery industry experienced record levels of growth throughout 2020. The top four companies accumulated around $5.5 billion dollars in revenue in the seven months following the beginning of the first lockdowns. This dwarfed the $2.5 billion dollars of revenue from one year prior over the same period.
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globalEDGE Blog PodcastBy globalEDGE