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Morning Shot: Deliveroo’s Exit - The End of Cheap Convenience?
Description
Deliveroo’s decision to exit Singapore has sparked concerns about higher delivery fees, fewer choices for consumers, and weaker bargaining power for riders and F&B operators. But is this really about one company leaving or is it a broader reset of Singapore’s convenience economy?
Sumit Agarwal, Low Tuck Kwong Distinguished Professor of Finance, Economics and Real Estate at the National University of Singapore Business School, joins the Breakfast Show to unpack whether Singapore’s food delivery market is simply moving toward its natural state and what that means for consumers, workers and businesses in Singapore.
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