Is the 10-min delivery market in Europe over?

Reading time 6 mn.
Posted on 21.07.22
Mobility insights

The “10-min delivery” is such a fascinating “typically VC” market. Some startups in this industry reached unicorns status in less than one year, 22 players entered the market between 2020 and 2021, and $42B were invested in 2021 only. This is what we call a fast-track.

However, with the current economic downturn,new threats coming for the regulators and VCs putting pressure on companies to reach profitability, the hyper growth of the 10-min delivery market seems over. 

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