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Thursday, 07/22/2021 3:03:29 AM

Thursday, July 22, 2021 3:03:29 AM

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The online meal delivery industry is one of the fastest growing industries on a global scale, which they project to reach US$182.3B by 20241. The U.S. ranked as the second-largest food delivery market worldwide after China, and is estimated at US$28.5B in 2021. Growing at a CAGR of 4.3% between 2021 and 20242, the U.S. food delivery sector is projected to reach a market volume of US$32.3B by 20242. The Company aims to capitalize on this high-impact industry through the ghost kitchen initiative, as well as its carefully executed US meal delivery plan which will be launched in the summer of 2021.