Competition in Singapore’s online grocery delivery sector is intensifying, as more vie for a slice of the growing pie. Relatively newer players Grab, foodpanda and Deliveroo have invested substantially into the space in 2020, and look set to continue growing. But the industry is tough, and succeeding as a newcomer will require the right balance between an asset-heavy and light approach, as well as having a viable path to profitability. foodpanda piloted its grocery delivery service, pandamart, in Singapore in Oct 2019. It has taken on the asset-heavy strategy of stocking its own inventory in pandamart warehouses. It has expanded its grocery delivery business rapidly – it started pandamart with five warehouses in Singapore, and has since grown to 14 warehouses,. Investing in warehouses enables pandamart to provide 24-hour delivery, its retail director Diego Pinto said. Meanwhile, Deliveroo is a relatively newer entrant into grocery delivery in Singapore, launching its service in Oct last year. It is purely focused on the asset-light approach, working with partner stores, including specialist grocers, and not stocking its own inventory.... Continue Reading