Biggest Food Delivery Service in the world

The global food delivery services market is estimated at USD 311.43 Billion by 2028 at a steady revenue CAGR of 11.4%. Food delivery – in simple terms – is a courier service through which an independent company delivers customers food and other items such as groceries, entrees, drinks, and desserts. Many food delivery services make waves in the food delivery marketplace. Meituan-Dianping is among the world's largest online cheapest food delivery app platforms.

Online food distribution apps such as the Google Translate service or grubhub are seen gaining popularity among researchers after a recent outbreak of COVID-19. The global food production industry is projected to grow from $ 107.44bn to $ 111.32bn in 2020 on CAGR of 15% Just Eat has confirmed the agreement that they will acquire GrubHub Group in a $ 7.3bn deal. Amplify online retail ETF IBUY with combination shares of UberEats (NYSE UBER) and Grub Hub. The investor in you can gain exposure to one of the largest food delivery businesses in the World via The Amplified Online Retail ETF