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Wolt Ads has recently come out of beta testing and is now available to thousands of partners. But what is it? It's an innovative feature from Wolt that provides sponsored listings to help merchant businesses enhance their visibility in Wolt's app search results. However, unlike other models, merchants only pay these listings when a customer makes a purchase. To learn more about Wolt Ads, listen in on Stuart Adamson’s conversation with Catalina Salazar, Global Head of Retail Media at Wolt. Check out the full episode now. 👇👇👇 #retailmediamoguls #retailmedia #platform195

Introducing the new 📚 RD Dictionary Series, where we highlight key rapid delivery terms, is here! Today, it’s our bread and butter – Rapid Delivery. Rapid delivery apps provide immediate (up to 3 hours) delivery following the placement of an order. They can be split into Aggregators/Intermediates (food tech-first companies like Uber Eats) and Quick Commerce Apps (pure players, with 1-party stores). Rapid delivery is mobile-centric, most of the orders are made through applications. #rapiddelivery #logistics #qcommerce

🚀 Transitioning from an iPad-specific iOS merchant app to a multi-platform #Flutter Merchant app required revamping our backend, guaranteeing order data accuracy, and enhancing real-time processing. Dive deep into our scaling journey, written by our staff engineer Sobit Akhmedov at Wolt 💡

What do you know about the 48% of Americans who order takeout & delivery via apps like DoorDash and Seamless? 🥡 🍔 🍟 Using MRI-Simmons USA and the 2024 March Retail Trends Study, we can segment this group further by age group, marital status, and what other types of delivery apps they use. Learn more about MRI-Simmons studies and what they can teach you about your customers: https://lnkd.in/eTU8B8K9 #consumers #consumerresearch #deliveryapps #takeout #

The service delivered by DoorDash still depends on their drivers' performance, and they can decide on which bookings to take, which is why the #company advised tipping upon ordering for more chances of getting accommodated. It is widely known that tipping is required here in the country, but DoorDash said that adding tips beforehand could motivate the driver to take your order instead of others. The Verge reported that DoorDash is now encouraging users to tip when booking their order via the #app, and this is because they want the drivers to be motivated whenever taking a job or accepting it via the app. When using the app and putting $0 on the tip #feature, DoorDash would show a prompt that says "Orders with no tip might take longer to get delivered - are you sure you want to continue?". According to Brian Krassenstein, there are #different arguments for this, #first, DoorDash may encourage users to do so, but they may also hide the tip amount until it is completed

💥 The Competition Among Delivery Apps: A Battle for a Place on Your Mobile Phone Recently, Getir announced a strategic partnership with Uber Eats to boost its sales. This collaboration followed Getir's initiatives, such as distributing coupons and merchandise, to drive sales growth. This development raises a pertinent question about the Unique Selling Point (USP) of quick commerce (q-commerce) companies. In a landscape where apps like Uber Eats and Bolt provide not only food delivery but also grocery delivery services, one might wonder: Why would consumers opt to download yet another delivery app solely dedicated to groceries when platforms like Uber Eats and Bolt offer a comprehensive range of both food and grocery delivery services ❓ What are your thoughts on this question? Please feel free to share your insights in the comments below! 💬 #fooddelivery #grocerydelivery #foodtech

DoorDash is introducing a significant change to how couriers are paid by offering them the option to earn hourly rates on top of tips. Couriers can now choose to "earn by time," which guarantees an hourly minimum rate for the duration of their deliveries. This is a departure from the current system, where couriers receive base pay based on factors like time, distance, and desirability. DoorDash is also introducing a location-sharing feature for couriers to enhance safety and a "Dash Along the Way" option for picking up orders en route to a specific destination. On the user side, the DoorDash app receives updates such as a new search option, multiple carts for different products, and support for online SNAP/EBT payments. #DoorDash #App #Food #Delivery #Courier #EarnByTime #DashAlongTheWay #Tech #ITW Image: Alex Castro / The Verge

October Update: DoorDash is now the top rated Food/Grocery Delivery App (4.76/5) followed by Instacart (4.76) and JOKR (4.73) 👉 Though Getir dominated these ratings last year, they've slipped below to the 8th spot. 👉 JOKR took the top spot for app rating based Net Promoter Score (83.22/100) followed by Instacart (80.95) and Getir (79.52) 👉 Global Average App Rating: 4.68/5 | NPS: 75.1 --> Companies with scores below these will have to put a lot of effort to improve their ratings. I've been tracking similar data for micromobility and most below the average went out of business. 👉 Though talabat has improved their ratings in the last year, they are still at the bottom together with Zapp and Gorillas 👉 Getir is still the top rated in Germany (4.8 | 89) followed by Flink (4.6 | 75). 👉 Getir is also the top rated in France (4.9 | 91). In both France and Germany, Getir has absolute dominance, with others trailing far behind in NPS. 👉 Good to see Instacart changing their app policy and making their app available on all app stores, whereas they were available only on US appstore earlier. Should I add any companies to my watchlist? Drop a comment below. Note: - Data gathered from 150+ Apple and Google app stores across the globe - If you would like to purchase datasets of 17 Food Delivery companies and ~20k data points that I track, plz dm. Read the method behind App ratings based NPS calculation here: https://lnkd.in/eqs_Uc7 #food #delivery #qcommerce #google #apple

BIGO, Checkout.com, and Visa Join Forces to Transform the Content Creator Economy BIGO, a global technology leader known for its innovative RTC (Real Time Communications) based products, announces its partnership with Checkout.com and Visa to transform cross-border payouts for content creators in the United Kingdom, Italy, Germany, Switzerland and Austria. “Streaming is big business in Asia Pacific, estimated at US$22.57 billion in 2022. This is fuelled by high mobile and internet penetration and is garnering attention as a growing gig sector,” says Deepan Dagur, Head of Visa Direct, Asia Pacific. “Through our partnership with BIGO and Checkout.com, Visa Direct is helping content creators, such as streamers on BIGO, get access to their earned wages faster. BIGO streamers can now cash out their BIGO wallet balance to their Visa Card in a fast and secure manner and have quicker access to their earnings from streaming.” “We are excited to offer this payout solution in collaboration with Visa to fuel BIGO”s expansion and the support it provides to its creators. This payout solution, integrated into our single Unified Payments API, provides an end-to-end payment solution for our merchants to efficiently collect and disburse funds globally,” said Brian S., APAC Regional Manager at Checkout.com. https://lnkd.in/eejiD4jF Charlotte Hogg Constantine M. Panagiotatos Ryan McInerney Guillaume Pousaz Camilla Boyer #FFNews #Fintech #FintechMagazine #FintechFinance #Paytech #PaytechMagazine #Insurtech #InsurtechMagazine #KYC #Lendtech #Regtech

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