DoorDash is seeing disproportionate growth in its emerging grocery business, buoyed by the underpenetration of the market. On a call with analysts Thursday (May 4) discussing the San Francisco aggregator’s first quarter 2023 financial results, CEO and Co-Founder Tony Xu contended that the company’s double-digit...
Aggregators may struggle to attract low-income consumers, but they are making strides with the middle tier. By the Numbers According to research from PYMNTS’ exclusive report “Connected Dining: Third-Party Restaurant Aggregators Keep the Young and Affluent Engaged,” 42% of those who earn between $50,000 and...
As consumers cut grocery spending amid inflation, Instacart is stepping up its savings-oriented offerings. The grocery aggregator announced Tuesday (April 25) that it was adding more discounting and price-centric features. These include a “Stores to Help You Save” section to help consumers find lower-priced retailers,...
High earners may be ordering restaurant delivery more often, but others are remaining relatively constant. By the Numbers Data from PYMNTS’ new exclusive report “Connected Dining: Third-Party Restaurant Aggregators Keep the Young and Affluent Engaged,” which draws from a survey of nearly 2,300 U.S. consumers...
What do we learn from PYMNTS’ latest Provider Ranking of Aggregators? It’s instructive as to the dining habits we form, especially around who delivers that burrito bowl or veggie taco. People like what they like, and those preferences are spelled out in the numbers. The...
Randy Guard, chief marketing officer and product officer at Spreedly, told PYMNTS that merchant aggregators are confronted with a host of challenges when helping their merchant customers. “These platforms, basically, offer software and services for thousands of merchant customers,” he said. “They are very good...
Time-crunched consumers use restaurant aggregators, but other brands are promising similar convenience without the cost. By the Numbers Research from PYMNTS’ new, exclusive report “Connected Dining: Third-Party Restaurant Aggregators Keep the Young and Affluent Engaged,” which drew from a survey of nearly 2,300 United States...
Grubhub is tapping new payment solutions to secure the spending of the college student population. The aggregator announced Monday (March 27) a partnership with Transact Campus, a company that creates digital payment solutions for colleges and universities, to offer the former’s marketplace via the latter’s...
In a year where consumers are cutting costs at every corner, it may have been reasonable to assume that food-focused aggregators have seen their heyday. These platforms, connecting customers to participating restaurants, have historically charged service and delivery fees that can sometimes add up. However,...
