Both Temu and Shein are known for their competitive pricing, yet their approaches to discounts are different. Our analysis from Measurable AI’s unique e-receipt panel reveals that Temu is offering exceptionally high discounts to consumers, with orders averaging between 60% and 75% off across all markets.
Read MoreHong Kong’s food delivery market was a three-way battle among Foodpanda, UberEats, and Deliveroo from 2018 to 2021. After UberEats quit, the market became a duopoly between Foodpanda and Deliveroo for two years. In 2023, Meituan’s Keeta entered the scene, once again making it a triopoly battlefield. At Measurable AI, we continuously monitor the market change in the online delivery industry with our proprietary transactional e-receipts data. Subscribe to our newsletter to get updates every month.
Read MoreIndonesian food is as diverse as its islands. Our data reveals that on platform GrabFood Indonesia, a huge variety of small restaurants contribute the majority of the orders and GMV for the online deliveries in Indonesia. In January 2024, around 75% of the orders came from small merchants (independent restaurant owners), while the rest from local or global franchise restaurants such as Mie Gacoan, KFC. This is an interesting finding because in many of the markets that Measurable AI tracks, big franchise restaurants especially fast food restaurants usually contribute the most of the orders and value on food delivery platforms, but in Indonesia it’s the other way around.
Read MoreThe entry of Keeta, sister app of Meituan (3690.HK) has intensified the already fierce competition in Hong Kong’s food delivery market. In just six months, Keeta has significantly marked its presence in Hong Kong, claiming a prominent market share at around 21% by GMV as of December 2023.
Read MoreIn this blog, we’ll zoom in on OpenRice, a dominant player in Hong Kong’s restaurant booking arena, which is also a review platform since 1999. The latest data from Measurable AI shows a noticeable growth trend in restaurant reservations made through OpenRice in Hong Kong, although this momentum has experienced a slight deceleration in the most recent quarter of 2023.
Read MoreBringing you the latest from Taiwan’s online food delivery landscape: UberEats(NYSE: UBER) and Foodpanda (DHER.DE) have been dominating the market as a duopoly since 2020. In our latest analysis, we delve deeper with user behavior data to further explore the ongoing competition. At Measurable AI, we build and own a unique consumer panel and are […]
Read MoreThe Big Mac Index, introduced by The Economist in 1986, is a simple and popular tool comparing the price of a Big Mac burger in different countries, and helps show if a country’s currency is overvalued or undervalued. But have you ever wondered how online delivery platforms, a phenomenon that’s surged since and post pandemic, […]
Read MoreGetting a grip on changing shopping habits is crucial for businesses aiming to thrive in Southeast Asia’s fast-paced market. As this market continues to grow, consumers’ ways of making purchasing decisions evolve. With Measurable AI’s unique transactional e-receipts data, we can delve into the hidden mazes of shopping patterns in different regions. In this blog […]
Read MoreVirtual Banking in Hong Kong continues to grow. Unlike in many other markets where digital banks are usually startups and new entrants, in Hong Kong it’s more of a game for the incumbents. The current leaders in Hong Kong’s virtual banking sector consist of eight licensed banks, including ZA Bank, Mox Bank, WeLab, Airstar, Livi, PAOB, Ant Bank, and Fusion.
Read MoreMeasurable AI, the largest transactional e-receipt alternative data company for emerging markets, has released its Annual Report on the ride-hailing industry across Asia and Americas. The report provides a detailed overview of the changes in market share and consumer behavior over the past four years across 11 markets: United States, Mexico, Brazil, Chile, Argentina, Colombia, […]
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