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Virtual restaurants: more choice or unnecessary variety?

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Cloud kitchens have become the fastest growing segment of the foodtech sector in Mena. In the first part of this deep dive into the GCC's cloud kitchen sector, Wamda identified the rise of cloud kitchens and the different business and operating models, and in this second part, we analyse its wider impact on the region's restaurant sector.

The online food delivery sector in Mena

Despite a dip during the initial phases of the lockdown imposed to help curb the spread of the Coronavirus pandemic in Mena, online food delivery is showing little signs of slowing.

Wamda took a look at the growth patterns in the food delivery space from 2017 to 2024 across the Mena region.

Buying, renting or selling property is a big commitment, one that requires a personal touch, or rather viewing. With the Coronavirus pandemic restricting movement, demand for a distanced approach to buying and selling property is on the rise, paving the way for greater disruption in the sector.

The pandemic has accelerated the need for institutions to build an advanced digital framework as they adapt to new realities in a post-COVID-19 world. Strategy& Middle East's lead consultants share their views on how governments, telecom operators, and technology companies must take the necessary actions when it comes to adopting emerging technologies, and then collaborate on building a robust digital ecosystem.

In case you missed it - here's our round-up from News Watch:

Periscope Media raises seed funding

Fatura raises seven-figure seed funding

Thobi raises SAR 2.5 million in seed funding

Aumet raises $1.25 million in seed funding

KoolSkools raises MAD 4 million

Eve virtual raises $1 million in seed funding

Do you have a story you'd like to share with us? Drop us a line.

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Virtual restaurants: more choice or unnecessary variety?

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