DTS dragontail systems limited

Global food delivery industry US$300 billion and growing rapidly

  1. 1,469 Posts.
    lightbulb Created with Sketch. 308
    Hi,

    Just came across this article on Bloomberg:

    https://www.bloomberg.com/news/articles/2019-09-04/grab-and-gojek-are-squaring-off-in-an-international-food-fight?srnd=premium-asia

    Highlights of this article:

    Global food delivery industry now US$300 billion ...

    Gojek and Grab in rapid expansion of food delivery services in South East Asia.

    https://hotcopper.com.au/data/attachments/1715/1715743-bfcda8bbde7f5c2880253cde6550e04b.jpg
    Gojek processed US$2 Billion food delivery transactions in 2018. The company employs data and machine learning to study patterns of consumption, driver behaviour and traffic.

    There must be some more deals in the pipeline for DTS. Food delivery services without AI will not be competitive in the future... I guess

    K
 
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