BEAMSTART Logo

SEA’s food delivery wars heat up: Market hits US$19.3B as TikTok enters arena

e27 Logoe275d ago

SEA’s food delivery wars heat up: Market hits US$19.3B as TikTok enters arena - e27

Quick Summary:

Southeast Asia’s online food delivery sector has seen a robust rebound, with total spending reaching US$19.3 billion in 2024, a 13 per cent year-on-year increase.

This marks a significant acceleration from the 5 per cent growth observed in 2023.

Food delivery penetration has deepened due to new customer segments and evolving platform strategies.

More Pictures

SEA’s food delivery wars heat up: Market hits US$19.3B as TikTok enters arena - e27 (Picture 1)

or

Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 03:17:26 (5 days ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 444 words

Reading Time: 3 minutes read

Sentences: 2 lines

Sentence Length: 222 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 26281974

View Article Analysis

About e27

e27 Logo

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 7 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 8 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #10

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "SEA’s food delivery wars heat up: Market hits US$19.3B as TikTok enters arena" has 444 words across 2 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "SEA’s food delivery wars heat up: Market hits US$19.3B as TikTok enters arena" was covered 5 days ago by e27, a news publisher based in Singapore.

How trustworthy is 'e27' news outlet?

e27 is a fully independent (privately-owned) news outlet established in 2006 that covers mostly startups and technology news.

The outlet is headquartered in Singapore and publishes an average of 7 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #26281974
  • URL: https://beamstart.com/news/seas-food-delivery-wars-heat-17400071234620

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2025 BEAMSTART. All Rights Reserved.