The fate of Food delivery companies ......They have all fallen from 60-70% from its peak !
With countries like Australia reopening its borders, and economies around the world slowly and painfully embracing Covid-19 , people are coming to terms with this virus and making it a part of their daily lives.
In Singapore, that means wearing masks daily and still going to hawker centres and coffeeshops to have my meals. Occasionally, we still order food delivery though the costs vs a vis home cooked food is more expensive.
At this juncture, I owned Meituan , a super app and China 3rd most valued company and have no intention to add on another similar company elsewhere.
Perhaps, those who have vested interest in these 3 companies can share their views ?
