Noon Is Expanding Into Food Delivery

Kroger is placing ghost kitchens in 2 of its grocery stores in a bid to expand into meal delivery.

Noon is expanding into food delivery. It is looking to launch a new grocery delivery service in the market by the end of 2017. We compiled a list to help you check every box and successfully expand your business. The crowded food delivery space of the region is getting another player. Middle eastern online retailer noon is expanding its business into asia and entering china.

We look at these plans in more detail. Besides consolidating the latest strategy for companies like doordash and postmates is to go back to the drawing board and offer non food items. The region doesn t lack competition when it comes to food delivery platforms and it looks like a new powerhouse is joining the game. The decision was first announced by noon s founder mohamed alabbar at a conference in the united arab emirates earlier this month.

Back then mohamed was criticizing the fact that some platforms charge restaurants up to 30 commission. For instance fintech firms have managed to generate profits from the online food delivery business by integrating their payment gateways such as digital wallets into existing platforms thereby. The ecommerce platform is gearing to launch a food delivery marketplace. Same day delivery of food and alcohol has become expected for many consumers.

The ultimate restaurant expansion checklist. Grabbing a slice of the region s growing market is increasingly important as competitors are also aggressively moving in. It has already matured in most countries with an overall annual growth rate estimated at just 3 5 percent for the next five years. E commerce giant noon is launching a food delivery platform as mentioned by mohamed alabbar the founder of noon in a conference in july.

Worldwide the market for food delivery stands at 83 billion or 1 percent of the total food market and 4 percent of food sold through restaurants and fast food chains. This means third party delivery services have to get even more creative in retaining and gaining new users. The move into japan is the latest step in delivery hero s asian expansion. The kitchens will serve over 80 dishes and meals will be delivered within 7 minutes of being.

Noon food which will be built into the noon app will be a restaurant first platform providing a simple and equitable programme and promising fair commissions that will dramatically alter the playing field for f b deliveries.