{"id":1814,"date":"2024-09-25T06:01:33","date_gmt":"2024-09-25T06:01:33","guid":{"rendered":"https:\/\/ofero.news\/?p=1814"},"modified":"2024-09-25T06:01:33","modified_gmt":"2024-09-25T06:01:33","slug":"food-delivery-business-lost-momentum-in-romania-last-year","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=1814","title":{"rendered":"Food delivery business lost momentum in Romania last year"},"content":{"rendered":"<p>The turnover of two major food delivery platforms (Glovo and Bringo) decreased after stellar expansion during the pandemic period, while a third one (Tazz) posted a 19% growth rate consistent with the growth rates seen in traditional industries, according to <a href=\"https:\/\/www.zf.ro\/companii\/cresterile-de-la-60-la-600-au-ajuns-o-simpla-amintire-platformele-de-22495148?mc_cid=3d5061e514&amp;mc_eid=cd1f92f96c\" target=\"_blank\" rel=\"noopener\">Ziarul Financiar<\/a> compiling public data.<\/p>\n<p>Beyond sales declines, two of the players (Tazz and Bringo) also reported losses.<\/p>\n<p>Bolt Food is also active in the market, but its results are recorded and consolidated on the same company as those of the ride-sharing company Bolt, \u00a0so the evolution could not be calculated only in the delivery area.<\/p>\n<p>Notably, the advance of private consumption took a break in 2023 to resume growth in 2024.<\/p>\n<p>On the downside, the mood in the IT sector, which generates a significant part of activity for food delivery applications, has deteriorated.<\/p>\n<p>Bringo expects its revenues to remain constant this year, compared to 2023, and sees this as an achievement.<\/p>\n<p>In any case, the hype for home delivery, visible during the lockdown and during the predominantly work-from-home period afterward, diminished. The financial pressure inherent to the business model based on sharp expansion may generate more problems for home delivery companies in the coming years.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source:\u00a0<a href=\"https:\/\/www.dreamstime.com\/albertophotography_info\">Albertophotography<\/a>\/<a href=\"https:\/\/www.dreamstime.com\/stock-photos\">Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The turnover of two major food delivery platforms (Glovo and Bringo) decreased after stellar expansion during the pandemic period, while a third one (Tazz) posted a 19% growth rate consistent with the growth rates seen in traditional industries, according to Ziarul Financiar compiling public data. Beyond sales declines, two of the players (Tazz and Bringo) [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1814","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1814"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/1814\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}