#Restaurants that deliver free#

#Restaurants that deliver free#

These free memberships are not included in Bloomberg Second Measure’s data. In early 2023, DoorDash began offering free memberships through partnerships with Chegg and Roku. Notably, in December 2019, DoorDash also partnered with Chase to give free DashPass memberships to millions of credit card holders. In April 2022, DoorDash also launched DashPass for Students, which offers the subscription’s benefits at a reduced price. The six-month customer retention rate for DashPass subscribers in this cohort was 35 percent and the 12-month retention rate was 27 percent. In November 2021, Uber also launched its new “ Uber One” subscription plan, which offers benefits for both rides and delivery services.Īmong subscribers who signed up for DoorDash’s DashPass in March 2022, 69 percent remained subscribed after one month. Postmates launched Postmates Unlimited in 2016, while DoorDash and Grubhub followed suit with their own subscription options in 20, respectively. Subscription meals have appealĪs meal delivery services look for new ways to grow in cities big and small, one emerging answer is subscriptions. Bloomberg Second Measure data is also unable to distinguish between meal delivery and grocery delivery sales through these companies. Notably, data represents gross merchandise volume through these companies, not company revenue. In early 2023, ASAP was delisted from the Nasdaq exchange. One of the industry’s smaller services, ASAP (known as Waitr prior to its rebrand in 2022) and its subsidiaries Bite Squad, Arrowhead Delivery, and Delivery Dudes, earned less than 1 percent of national sales in March 2023.

More recently, in March 2023, Grubhub saw its CEO step down after nearly two years at the helm of the company. Neither are college student meal plan purchases made through Tapingo.) Grubhub was acquired by Just Eat Takeaway in June 2021. (Purchases made through LevelUp, which Grubhub acquired in late 2018, are not included in our analysis. meal delivery consumer spending in March 2023. Grubhub and its other third-party delivery subsidiaries, which include Seamless, Eat24, and Tapingo, came in at 9 percent of U.S. Notably, Bloomberg Second Measure is unable to reliably track Postmates between October and December of 2022. meal delivery market in March 2023, bringing Uber’s total market share to 25 percent.

consumers.Īt the end of November 2020, Uber (NYSE: UBER) acquired Postmates in an attempt to consolidate market share and boost profitability.

Our analysis includes debit and credit card purchases from a panel of millions of U.S. Additionally, Bloomberg Second Measure’s data does not include Uber Eats’ purchases made using Uber Cash or purchases made by corporate customers, an area where meal delivery services are reportedly making inroads. First, Bloomberg Second Measure is unable to reliably track data for Uber Eats from March to September 2019. It is worth noting that our sales metrics may differ from publicly reported earnings for a number of reasons. Between January 2019 and March 2023, DoorDash’s market share among these companies roughly doubled.Īmong the companies in our analysis, Uber Eats came in second place with 23 percent of sales in March 2023. DoorDash made its public market debut with one of the biggest IPOs of 2020, and has accounted for an increasing percentage of market share during the COVID-19 pandemic. Our data reveals that in March 2023, sales for major meal delivery services grew 11 percent year-over-year, collectively.īloomberg Second Measure’s transaction data shows that in March 2023, DoorDash (NYSE: DASH) and its subsidiary Caviar earned 65 percent of U.S. Despite new macroeconomic challenges such as rising food prices, competition from dine-in restaurants, and increased fuel costs, the meal delivery industry as a whole is continuing to see some growth, though at much lower rates than those pandemic peaks. Consumer transaction data shows that in April 2020, combined sales for major meal delivery services grew 162 percent year-over-year and 59 percent compared to the previous month. When many Americans sheltered in their homes early in the coronavirus pandemic, meal delivery sales reached new heights.