Startup Model – Online Food Ordering

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 ItDelivery 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.

No comments:

Post a Comment

What do you have to say about this post?