[Rewards] UK's Deliveroo Exits Australia, Good for UBER & DASH?
UK based food delivery app Deliveroo $DELIVEROO HOLDINGS PLC(ROO.UK)$ $Deliveroo PLC(DROOF)$ says it is quitting Australia due to competition from Uber Eats$Uber(UBER)$ &Menulog.
Recommend to Read: Deliveroo to Pay Drivers Compensation As It Collapses, Pulls Out of Australia
Source: https://www.smh.com.au/
According to the news, Deliveroo Australia’s 150 employees and 14,000 drivers have been suddenly left without work after the company announced it had entered voluntary administration and was no longer taking orders.
The London Stock Exchange-listed company$DELIVEROO HOLDINGS PLC(ROO.UK)$(dropped 7.05% on Nov 16) ,entered the Australian market in 2015, but failed to retain market share against its competitors.
The $3.1 billion company said in a media statement it had decided it would not be able to achieve the “sustainable and profitable scale in Australia without considerable financial investment”, and the returns would not outweigh the investment.
Below are some influence discussions about the news：
Source: BineyBryson from Twitter
Source: Madsen Paunga from Twitter
Source: Speaker Network News on Twitter
Source: Jen Dudley-Nicholson on Twitter
What other observations would you like to share? Is $Deliveroo PLC(DROOF)$ DELIVEROO HOLDINGS PLC(ROO.UK)$ 's exit good for $Uber(UBER)$ or $DoorDash, Inc.(DASH)$? How their market share performed?
Data from TradingView
Questions For You：
1. Was Deliveroo popular in your area? Will you miss @Deliveroo_AU?How were you experiment at Deliveroo?
2. For Other food delivery rivals like Uber Eats $Uber(UBER)$ , Menulog, $DoorDash, Inc.(DASH)$ , etc, which do you prefer to use? Why?
3. Regarding food delivery stocks investment, Any other food delivery stocks you would like to recommend and Why?
Source: https://www.reuters.com/
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Deliveroo高管说：「Deliveroo经营方式可能每次送餐都会亏损，或者利润率非常低—不够支撑其运营。再加上一些激烈的市场竞争、投资者资金的变化以及对其就业模式的负面关注，结果很可怕[惊吓]。可悲的是将会有更多平台关闭」[难过]。
Deliveroo并不是唯一一个出现这种失败结构的企业，包括5月份关闭的Send、早些时候默默关闭的Voly，甚至声称正在蓬勃发展的Milkrun。送餐行业面临的最大挑战之一是每个人都希望在特定时间送餐，例如晚上6点到晚上8点之间，而这些时间段内企业需要的司机数量很多。那些司机需要在那段时间得到补贴，在这些高峰时段之外，对司机的要求很低，要鼓励他们只开两个小时是很困难的…很难找到平衡点。
澳洲送餐平台数量众多以及多样化，回想当初在疫情期间，由于封城的缘故，这行业就像救星，不畏惧自身安危，家家户户送餐。人们也习惯上网订餐了。Uber没有倒的原因是因为他们赚钱，2月份Uber宣布其Uber Eats部门首次实现盈利。DoorDash的运营势头强劲，目前已复盖超过80%的澳洲人口，并在所有州和地区开展业务。
🌟外卖方便、快速的特点，正符合了城市人口的需要，外卖方便、快速的特点，正符合了城市人口的需要。最需要外卖这种快节奏产品的，是上班族和学生，看好这行业的未来[开心][开心][开心]
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2. good for other competitir to grab s hold of the drliveroo users but still limited growth due to 1..
3 not holding any as the barrier of entry is not intimidating for new players with cash to spare