Read on Twitter
In pandemic
Postmates sold for $2.6B
GrubHub stock douled
DoorDash founder made $3B
Uber Eats revenue up 125%
They charge restaurants 30% fees
Revenue for small restaurants we serve: down 45%. With delivery fees, they can lose money on transactions
Support restaurants directly
Postmates sold for $2.6B
GrubHub stock douled
DoorDash founder made $3B
Uber Eats revenue up 125%
They charge restaurants 30% fees
Revenue for small restaurants we serve: down 45%. With delivery fees, they can lose money on transactions
Support restaurants directly
Small restaurant revenue vs year prior
April 2020
73%
May63%
June50%
July46%
Aug43%
Sep43%
Oct35%
Nov43%
Dec51%
Jan 202145%
The "best" month, with lockdowns lifted, was still 2x worse than peak 2009 recession.
source: our Gravity Payments processing data
April 2020
73%May
63%June
50%July
46%Aug
43%Sep
43%Oct
35%Nov
43%Dec
51%Jan 2021
45%The "best" month, with lockdowns lifted, was still 2x worse than peak 2009 recession.
source: our Gravity Payments processing data
"So why don't restaurants just not use delivery apps"
Most can't afford to set up a website delivery system and would automatically go under if they don't try.
Others don't have a choice - these apps set up services without the restaurants' consent https://buzzfeednews.com/article/venessawong/grubhub-phone-order-call-fee-coronavirus
Most can't afford to set up a website delivery system and would automatically go under if they don't try.
Others don't have a choice - these apps set up services without the restaurants' consent https://buzzfeednews.com/article/venessawong/grubhub-phone-order-call-fee-coronavirus
"But what about the drivers; they need a living"
They do, and these apps are awful employers. They hire only as contractors, which means no min wage, no benefits, etc, & they make below poverty wage.
Long term, supporting bad jobs is a race to the bottom https://www.eater.com/22228352/convenience-of-delivery-apps-destroying-restaurants-uber-eats-doordash-postmates
They do, and these apps are awful employers. They hire only as contractors, which means no min wage, no benefits, etc, & they make below poverty wage.
Long term, supporting bad jobs is a race to the bottom https://www.eater.com/22228352/convenience-of-delivery-apps-destroying-restaurants-uber-eats-doordash-postmates
For those asking, no this is not me. Good to order direct from mom and pops when you can. They can’t afford big ad campaigns
Additional idea if you need to quarantine, see if someone needs some extra money to pick up your food directly for you. Lots of people could use it and you cut out UBER/DoorDash. Do the best you can. I understand everyone’s situation is different. Understand how lucky I am
