The Model: A platform
for listing the various restaurants, their details, their menus, any offers running,
and for ordering online. Users also get to review restaurants.
Startup Doing It: Delivery Hero (German
startup)
What I Like:
Core Idea – Foodtech
is great and this is the most used and scalable model in it.
Ease of Use – User
experience is key in this model and exploring and ordering has to be made as
simple as possible.
Growing through
Acquisitions – The business has grown by acquiring startups in various
countries. Since establishing the backend is a lengthy process, acquisition seems
like a good way to scale the business.
My Concerns:
Competition –There
is a LOT of competition in this space.
Profitability – The road to reaching profitability is a long
and expensive one.
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