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India’s food delivery growth faces hurdles from low income levels
short by Arin Verma / on Thursday, 5 September, 2024
India's food delivery market, valued at $44 billion, has huge growth potential compared to the $350 billion US market. Zomato leads in India with $1.5 billion revenue, while DoorDash dominates the US with $8.5 billion. The challenge in India lies in the lower average order value (AOV) of ₹400, compared to DoorDash's ₹2,500, driven by lower per capita income.
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