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12.06.26 - 04:36
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Fed Up With Food Delivery App Fees & Tips? Barclays Has Terrific News (ZeroHedge)
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Fed Up With Food Delivery App Fees & Tips? Barclays Has Terrific News
Whether consumers are ordering from Uber Eats or DoorDash, delivery costs before tips now average roughly $8 to $10 per order. Add in the tip, and the basic meal for one at Chipotle, such as a burrito bowl, moves into unaffordable territory for many working-class folks. The result is that food delivery, once pitched as a mass-market convenience, is increasingly looking like a discretionary luxury.
Barclays internet equity analyst Ross Sandler penned a note on Wednesday titled "Autonomous Food Delivery Likely Hits Critical Mass By 2030," covering how automation in last-mile delivery could push delivery costs down to as little as $1 per order.
"The promise of autonomous food delivery is still a few years out, but showing very positive signals in markets that have been quick to embrace it. AVs should reduce the cost of delivery for both marketplaces (currently $8-$10 per order) and for consumers (tipping, $5 per ...
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