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World Moto Inc. (fka FARE)

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All Your Foods Inc. is a direct-to-consumer food production and delivery company utilizing proprietary software that currently serves growing markets in the continental United States. The company has the operational infrastructure, logistics management and delivery network which have been duplicated from its successful Canadian sister company, Super Fresh Foods (Canada) Inc. The company’s software tracks meals from ordering ingredient acquisition, meal preparation, delivery, and payment. This key advantage allows it to streamline its new revenue-producing assets including Chop & Chisel, Caveman Foods, and Shredded Meals.   

Industry

The global meal kit delivery services market size was valued at USD 10.26 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 13.0% from 2021 to 2028. Dining in is becoming more popular than dining out. Boomers, as well as millennials, increasingly prefer staying at home and cooking or ordering in rather than spending money at restaurants. Consumers are also making fewer visits to restaurants and are opting to stay at home. The subsector, Heat and Eat meals, is now driving the market in new users as consumers turn to quicker and fresher options for dining.

 

World Moto, Inc. Announces Purchase of All Your Foods, Inc.

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