It is nothing new for food and takeout delivery companies to enter the catering dine-in track. The growth rate "has shown signs of slowing in recent times as consumers return to a normal pace of daily life and eat out more frequently."
As high-growth companies prioritize cash reserves and incentives dwindle, we expect consumers may order less frequently and merchants may shift their next phase of revenue generation efforts toward dine-in, which may further slow on-demand takeout orders in the near term. volume growth. Data show that the company's total merchandise volume delivered in the first quarter fell by about 9% compared with the same period last year.is this still going up? $Grab Holdings(GRAB)$
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