Profile picture
Bluegrass Capital
@BluegrassCap
, 9 tweets, 2 min read Read on Twitter
US food order / delivery market share trends by company, population & type of competitive market
Some "takeaways" from this data set:
UberEats=perceived primary concern for GRUB, but its entry had very little impact to GRUB's market share in key Takeout markets; Uber rolled out Eats in Chicago & NYC in Apr '15 & most other cities listed starting Jan '16; '18 vs '17 data here shows only 5% share erosion for GRUB
so while headline data shows GRUB has lost half of its market share in the prior 2 years, its actually retained 74% of share in its primary markets (by population) while losing share in suburban markets which are more dependent on integrated delivery for adoption
the more impt takeaway is that the rollout of DoorDash's subscription product in summer 2018 was more hurtful to GRUB market share than UberEats, AND that this new revenue model has essentially stopped incremental share gains for UberEats as well
Post rollout of DashPass

Takeout markets: DoorDash 10% share gain; taking share from GRUB, but not that much

Delivery markets: DoorDash 23% share gain; taking share from Uber, & seems material

Hybrid markets: DoorDash 20% share gain, taking share from everybody
Note Postmates & Caviar have +/-20% market share in 2-3 cities each, but think trends above representative of market as whole

And while market share is evolving quickly, the overall market is growing rapidly & the primary competitor remains the telephone + general adoption
I *think* data says GRUB has moat in key takeout markets in the US, & think moat can be strengthened by rolling out a competing monthly subscription model to existing customers, copying DoorDash's innovation. Consumers have already proven adoption via DashPass.

Where am I wrong?
GRUB ceo comment re copying what works
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Bluegrass Capital
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

More from @BluegrassCap see all

Profile picture
Bluegrass Capital
@BluegrassCap
Druckenmiller: "I think we're in one of the biggest productivity inflection booms since the late 1800s. I am very confident that it is not being measured in real GDP."
Uses example of pictures being taken and saved and shown for free on our phones vs paying to have pictures developed 10 years ago.

Recent tech advances are not only not captured in GDP, they are SUBTRACTING from reported GDP by replacing something that used to add to GDP.
"Im glad you mentioned the Encyclopedia Britannica... because you used to have to pay for it, and that added to GDP. The encyclopedia in your pocket, on your phone, is free now."
Read 4 tweets
Profile picture
Bluegrass Capital
@BluegrassCap
The state of outdoor advertising via OUT: its booming. Digital brand builders like Booking, GrubHub, Netflix, Spotify etc all increasingly spending on billboards / transit media. Would not be surprised to see someone pull a reverse Ted Turner, which NFLX already has in LA market.
"In the U.S., the top 200 [national] advertisers only spend 2% of their [advertising] dollars out-of-home and that compares to a world average of near 7%."
The impact to the west coast outdoor advertising market from NFLX's acquisition
Read 3 tweets
Profile picture
Bluegrass Capital
@BluegrassCap
"Monro’s tire installation services available to customers who purchase tires online from Amazon and select the Ship-to-Store option"
here's my search for replacement tires for my Jeep vs the first tire retailer that came up on google
this is AMZN capturing top of funnel purchase intent for what has historically been an area less impacted by ecommerce: integrating a physical materials purchase with a related service, eg assembly or installation
Read 6 tweets

Related threads

Profile picture
CompComSA
@CompComSA
Today @CompComSA is holding a #Media #conference on the release of the #GroceryRetailMarketInquiry Provisional Report
Communication Head, @siphongwema is giving the opening & introductions at the #GroceryRetailMarketInquiry #Media conference.
@CompComSA's #GroceryRetailMarketInquiry panel says : Long-term exclusive lease agreements reinforce #market concentration, excluding challenger #retailers & specialist stores.
Read 47 tweets
Profile picture
Ositadimma Amakeze
@OsitaAmakeze
... sometimes solving one problem begets another. #Igbo culture most laudably seems to be pushed by those in diaspora, as seen on the social media. However, 90% of what is shown is mainly #masquerading and #dances. Very beautiful. Moreover, there is need to emphasis other aspects
Like marriage, farming, food, poetry, arts & crafts, industry, commerce, architecture etc. There has been a great awakening; most nostalgia and sometimes, a relapse because one can't compete with global trends. Idolatry is on the increase pitched unto 'say' Omenala, our #culture.
African Traditional #Religion (ATR) especially as practiced by ndi Igbo was just a tip of the iceberg about their culture. It was the culture of a typical Igbo person not to go hungry, as such manliness, was measured by the number of yam tubers one had in his barn and other #farm
Read 14 tweets
Profile picture
Zach Goldstein
@ZGoldstein
Some analysis / quotes from the @Uber #S1 re: #UberEATS

For starters, while @UberEats fleeces restaurants w/ high take rates, "cumulative payments to Drivers for deliveries historically have exceeded the cumulative delivery fees paid by consumers." /1

sec.gov/Archives/edgar…
2/ They openly acknowledge directly competing w/ restaurants: "@UberEats offering competes with restaurants, meal kit delivery services, grocery delivery services, and traditional grocers" & "we estimate TAM to be the entire $2.8 trillion consumer spend at retail restaurants."
3/ Restaurants should worry about delivery customer experiences: "With Drivers who are only eligible to make deliveries through @UberEats, our qualification and background check standards are less extensive than the standards for Drivers eligible to provide rides."
Read 17 tweets
Profile picture
RyuZoku
@Ryu_Zoku
There are many forms of computing hardware systems, ever more so these days with TPU (Tensor Processing Units), GPUs, Multi-Core CPUs, Parallela Epiphany cores, FPGAs, Risc-V ISA, Analog Computing, Quantum Bits, Memristors, AI, ML, Deep Neural Nets, ...

thocp.net/biographies/pa…
The linked paper above is one older perspective. It was written just as the age of networking was beginning and published two years before the advent of Smalltalk-80 that brought in a new paradigm of Object Oriented Programming were objects communicate via passing of messages.
Functional Programming makes rather massive claims that it is somehow fundamentally different than the procedural programming that came before it. Both are based upon functions calling other functions with the passing of arguments as in Lambda Calculus mathematics. 🤔 Not new.
Read 44 tweets
Profile picture
Chris Allison
@ToferC
Kicking off day 1 of #ODSCWest. I'll be tweeting through the next few days and pinging #GCDigital folks for interest or potential follow-up. #opensource #DataScience #openeducation @School_GC
First up: @asuonline will be hosting an educational analytics conference in March 2019 focusing on what we can learn from learner data and how to structure learning to better meet learner needs. #ODSCWest
#AI differential - being able to tailor products to specific users == better able to predict value to and from users. E.g. cost to deliver value to user vs. cost to company to deliver that value. Allows ruthless competitive focus - @DataRobot #ODSCWest
Read 21 tweets
Profile picture
UCCat20
@UCC_Official
UCC had opportunity to comment on the #Data.Protection & Privacy Bill. The enactment of this law is long overdue. A comprehensive law on the collection & processing personal information gives effect to the right to Privacy envisaged under Article 27(2) of the Constitution
UCC welcome the protections offered by the Bill in terms of export of data, breach notification requirements, data subjects access rights, automated decision making, compensation and the right to be forgotten and provision for financial and penal sanctions for breach of the law.
Distinction between Data collectors & data controllers.
The Bill should however clarify & distinguish Data Collectors, from Data Processors & Data Controllers. Clause 2 is inconsistent with international good practice which provides for two broad categories of Data Controllers
Read 17 tweets

Trending hashtags

#aii #NothingBurger #privacy #AIQ #FISAApps #IndustrialFoodSystems #problem #Davos #British #Trends #data #relaxing #GPs #MarkMeadows #HumanCenteredDesign #skills #MAGA #WalkAway #apps #DAMMITTHiS #Thailand #misdirection #Tech #suicides #even
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!