CNA938 Rewind - The Deliveroo exit: Consolidation, competition and the future of food delivery in Singapore
Deliveroo’s exit from Singapore marks the end of an 11-year chapter in the country’s food delivery story. With Grab and Foodpanda remaining, is Singapore’s food delivery space now effectively a duopoly? And what does that mean for pricing, innovation and market power? Andrea Heng and Hairianto Diman unpack the implications for competition, consolidation and the future of delivery platforms in Singapore with Li Jianggan, Founder and Chief Executive Officer, Momentum Works