[HN Gopher] Food delivery startup Wolt raises $530M
       ___________________________________________________________________
        
       Food delivery startup Wolt raises $530M
        
       Author : kakoni
       Score  : 164 points
       Date   : 2021-01-25 11:46 UTC (11 hours ago)
        
 (HTM) web link (sifted.eu)
 (TXT) w3m dump (sifted.eu)
        
       | vages wrote:
       | In Oslo, Norway, I prefer Foodora to Wolt. Foodora's workers
       | unionized and went on strike about a year ago in order to have
       | sick leave. Meanwhile, Wolt hires their cyclists as independent
       | consultants, circumventing the Norwegian labor laws.
        
       | baxtr wrote:
       | I am amazed that against all common advice people still venture
       | out into heavily competitive segments with strong incumbents. I
       | am impressed and at the same time wonder how exactly they managed
       | to convince investors. Would love to see their pitch deck.
        
         | ignoramous wrote:
         | > _I am amazed that against all common advice people still
         | venture out into heavily competitive segments with strong
         | incumbents._
         | 
         | "There is always room":
         | https://archive.is/xPiWc#selection-272.98-272.100
         | 
         | Also, I think there are a lot of exceptions and counter
         | examples especially in the startup world.
         | 
         | According to some, if you're out to build a monopoly, that's a
         | different ball-game, and it then makes sense to steer clear of
         | any market with competition with deep pockets (walmart) unless
         | you've something revolutionary up your sleeve that can't be
         | easily replicated / duplicated (amazon).
         | 
         | One of the most striking examples I know is facebook.com: They
         | had fierce competition from copy-cats (vk) and other companies
         | that had their own take on social (orkut, friendster). Some
         | lost (path, color), others won (whatsapp, twitter), and/or are
         | winning (tiktok).
         | 
         | There is always more room than one may be led to think.
        
         | albertgoeswoof wrote:
         | It's a growing market, maybe not everywhere. It's also hard to
         | get right- the incumbents don't have a good business model and
         | may collapse in short order.
        
         | pm90 wrote:
         | If there are multiple players in the market, they will either
         | try to buy or kill the new players. Established incumbents are
         | often not nimble enough to quickly match the newbies. If the
         | newbies move fast and corner an important market segment, they
         | can either replace the incumbent or be bought out by them. Both
         | are opportunities where investors could reap big returns.
        
         | ma2rten wrote:
         | Google wasn't the first search engine.
        
         | ransom1538 wrote:
         | Slide 1
         | 
         | Food delivery: A hyper competitive, low margin, man hour
         | intensive, inventory rotting, logistical & insurance nightmare.
        
           | ashleshbiradar wrote:
           | On the other hand, cloud kitchens
        
         | Jnr wrote:
         | Not sure how popular it is elsewhere, but here where I live,
         | Wolt is the most popular food delivery service by a large
         | margin. And their service is great. For us it is like Spotify
         | or Netflix, but for food.
         | 
         | The rest of the EU and world probably deserve and would
         | appreciate a service like that.
        
           | emptyfile wrote:
           | I honestly thought it was EU wide, but apparently their main
           | markets are scandinavia and eastern europe.
           | 
           | Great service, great business model.
        
             | ghaff wrote:
             | Probably a good data point that some of these delivery
             | services are relatively local.
             | 
             | Something like Uber there's an advantage for travelers to
             | have it in a bunch of different places if they already have
             | the app installed. On the other hand, I don't even use Uber
             | once a year locally.
             | 
             | Whereas with food delivery, I don't really have decent
             | options. But, if I did, I would probably use it now and
             | then at home. But I think it's accurate to say that I have
             | _never_ used food delivery while traveling.
        
             | flemhans wrote:
             | They go for cities where they feel like they have a chance,
             | and where there are not already 10 other competitors.
             | That's why they didn't go for e.g. London.
             | 
             | At least that was the original thinking of one of the
             | founders, according to an article I read in some in-flight
             | magazine.
        
               | user-the-name wrote:
               | That was indeed the original strategy. It's changing as
               | the company grows though.
        
             | emteycz wrote:
             | Food apps are extremely popular in central/eastern eu, here
             | in Czechia the local DameJidlo is also a largely successful
             | company. Wolt is now becoming a serious competitor to them,
             | they already have a much better app.
        
               | magnusmundus wrote:
               | Not to detract from your point re competition, but isn't
               | DameJidlo one of the brands of Delivery Hero? Do they
               | have an engineering office in Czechia?
        
               | emteycz wrote:
               | It was sold to DeliveryHero (if that's indeed the current
               | owner), originally a Czech company; they had a rather
               | large engineering centre here when it was still Czech,
               | not sure about the present. The founder went on to create
               | Rohlik.cz
        
             | odiroot wrote:
             | They're also present in Central Europe but they're in no
             | way the most popular.
        
           | szatkus wrote:
           | Yup, even before pandemic I saw a lot of Wolt boxes in some
           | cities, although they don't serve where I live.
        
           | jarv wrote:
           | They are the main food delivery in Slovenia and have pretty
           | much completely taken over incumbent due to the better
           | service and better quality application.
        
         | user-the-name wrote:
         | I can offer this piece of insider information: Starting your
         | business in the very high-cost-of-living Finland really helps.
         | 
         | (High cost of living means having to pay high fees to couriers
         | and so on, which means it is impossible to do even do if you do
         | not work out the economics properly right from the start, which
         | then gives a huge advantage moving forward.)
        
           | kakoni wrote:
           | According to various sources Finnish couriers charge
           | somewhere between 13-14e per hour as contractors (They are
           | not employees but self-employed entrepreneurs)
           | 
           | To give a reference point, cleaning contractors typically
           | charge around 30e per hour.
        
             | fy20 wrote:
             | Is that EUR30/hr what a cleaning company charges to
             | clients, or what the workers get? Finland doesn't have a
             | minimum wage, so I don't understand what's typical there,
             | but it seems rather high if it's the later - in
             | UK/France/Germany they'd get little more than EUR10/hr.
        
               | antupis wrote:
               | What cleaning company charges, then there is lots taxes
               | and tax-like payments and cleaner gets probably that
               | 10EUR/hr.
        
               | kakoni wrote:
               | EUR30/hr would be what self-employed entrepreneur would
               | charge from the clients (versus employee in cleaning
               | company earns somewhere in the EUR10/h range.)
        
         | Sharlin wrote:
         | There were no strong imcumbents in the market that Wolt started
         | in. Indeed right now Wolt _is_ the strong incumbent, with
         | Foodora its sole competitor if you disregard local small-scale
         | pizza joints etc.
        
         | JonAtkinson wrote:
         | I guess investors suffer from FOMO just like the rest of us.
        
         | danielscrubs wrote:
         | Well, depends on what you compete on. Tech stack? Getting
         | drivers? Getting customers?
         | 
         | Uber Eats for example cannot deliver to me, but several others
         | can. Tech stack isn't that expensive to build. I think it's
         | easy for programmers to think that the whole world revolves
         | around tech stacks and not see how you can be innovative in
         | getting drivers for example. Can't really say I'm loyal to any
         | platform when it takes less than one min to sign up for
         | another.
         | 
         | It's the same with Amazon which is just the worst shopping
         | experience I've ever encountered and slow deliveries to boot
         | and I'm very happy they have local competition that blows them
         | out the water.
        
           | user-the-name wrote:
           | Wolt competes, in large part, on overall user experience.
        
             | jacquesm wrote:
             | An in places where there is relatively little competition
             | because the big players have focused on juicier targets. In
             | the Baltics for instance Wolt is doing quite well.
        
       | sorenjan wrote:
       | I walk to the restaurant and get the food myself. I refuse to
       | take part in this gig economy with modern exploited day laborers,
       | and big international companies dipping in to the already small
       | margins of local businesses.
        
         | Symbiote wrote:
         | I do the same.
         | 
         | It's odd when I walk or cycle past 20 Wolt people waiting
         | outside the restaurants and takeaways on Norrebrogade. I feel
         | like the only person not attached to an insulated blue box.
        
         | pasiaj wrote:
         | I sympathise with what you're saying. As a Nordic person, it
         | does feel like the gig economy is undoing a hundred years worth
         | of advancements in employee well-being.
         | 
         | Still, enabling day labor is beneficial in multitude of ways.
         | 
         | The problems introduced by gig economy need to be solved at
         | governmental level. Social safety nets and UBI are good tools
         | for that.
         | 
         | Combining modern regulation with sharing economy would allow
         | the society to enjoy the multitude of benefits of gig economy
         | without sacrificing anyones well-being.
        
       | jack_riminton wrote:
       | They went full Softbank.
       | 
       | Curious if any startup with this amount of early funding has
       | actually done well
        
         | user-the-name wrote:
         | Wolt is not really a startup any longer, and it has never had
         | access to really large amounts of money in the past.
        
       | avipars wrote:
       | The next uber? only time will tell
        
       | flyinglizard wrote:
       | Around here (Tel Aviv), Wolt is pretty much a monopoly on food
       | deliveries, to the point restaurants pled for the government
       | regulator to declare them as such.
       | 
       | Obviously it happens because their product and UX is fantastic.
       | 
       | Going around town during lock down seems like a scene from Mad
       | Max where the only life that survived are Wolt couriers.
        
         | names_are_hard wrote:
         | I do see orange couriers around as well, I think it's 10bis.
         | But I only use Wolt. They have excellent customer service, in
         | the rare occasion that an order I placed was delivered
         | incorrectly (missing dish etc) they made it right very quickly
         | and with no fuss.
         | 
         | They also provide support in both English and Hebrew, which is
         | is a nice benefit over the local companies that can help you in
         | Hebrew.
        
       | emptyfile wrote:
       | Interesting, good luck to them.
       | 
       | In my country at least (Croatia) Wolt seems to stand out from the
       | rest by competing on quality of service and delivery instead of
       | price, and slowly during this year they have won me over.
       | 
       | I'll gladly pay something extra to support a business model I
       | trust and which just works better.
        
       | domatic1 wrote:
       | I've been using Wolt in Finland 3-4 times a week, their credit
       | card integration with lunch benefits makes them a winner. They
       | also have free deliveries sometimes.
        
         | names_are_hard wrote:
         | Same here in Israel. They accept our lunch benefits card, which
         | my employer got more generous with during WFH. So I spend about
         | 100 usd each week with them. If I am not hungry I buy gift
         | cards and add them to my account (the lunch money expires at
         | the end of the week is I don't use it)
        
         | IG_Semmelweiss wrote:
         | Ah this begins to make sense now
         | 
         | Tjey have a secret sauce for the finnish market.
         | 
         | So they funded ops via captive market
         | 
         | Still, Seems like a crazy bet by investors unless such schemes
         | are available and exploitable elsewhere
        
           | user-the-name wrote:
           | Lunch benefits only launched recently.
        
       | bittermandel wrote:
       | A comment from the CEO Miki Kuusi (translated from Swedish):
       | 
       | This financing was about to make sure that we have the capacity
       | to do long-term investments i all our countries, including
       | Sweden, without having to do an IPO (go to the stock market).
       | 
       | Source: https://digital.di.se/artikel/finska-wolt-tar-
       | in-4-miljarder...
        
       | woeirua wrote:
       | I can't help but think that companies like this that are planning
       | on the disruption in consumption habits due to Covid continuing
       | into the subsequent years are going to get burned badly when
       | everyone abruptly starts going out again. I think a lot of people
       | have realized that dining and even going to the grocery store is
       | a lot more about the social aspect than they originally believed.
        
       | timdaub wrote:
       | sifted.eu lists Wolt as "Deeptech News". I find the word deeptech
       | cringe. It's just tech.
        
         | mrweasel wrote:
         | It's barely tech, it's just a delivery company.
        
       | mandeepj wrote:
       | "But Wolt won't be putting Amazon out of business just yet. It
       | needs to crack grocery delivery first."
       | 
       | Ha! Son - fly little slow. You are standing on a thin crust
       | provided by your investors. Have a quick call with Instacart to
       | get a check on reality.
        
       | Keyframe wrote:
       | Parallel with amazon is interesting. Last mile in Europe is
       | either non-existent or severely lacking. Wolt has successfully
       | been bringin up this first. In that parallel, it can be
       | considered a contender to amazon with a bottom-up approach. I've
       | personally already seen it through wolt, with using their
       | partners shops/storage. I was considering buying a bike for a
       | toddler either through amazon (too long of a wait, but great
       | choices), visiting shops locally (ain't nobody got time for that)
       | or Wolt - we chose a model and within an hour (including
       | assembly) toddler was already sprinting.
        
       | mxschmitt wrote:
       | Cool, excited how the market will grow in Germany/Berlin. I
       | really prefer Wolt over Lieferando in Germany. The user
       | experience is way nicer, you have pictures of the meals which you
       | want to order. The only thing which I miss is that you can't
       | filter directly for vegan/vegetarian meals.
        
         | olkki wrote:
         | Wolt employee here - would be happy to help you with the
         | Vegan/Vegetarian filter. We have a Vegan category of venues,
         | and you can directly search for vegan/vegetarian restaurants as
         | well. Is the issue in particular dishes?
        
           | flemhans wrote:
           | Last time I tried, I had to search for "(V)" or "(VG)" in the
           | menu search to filter the dishes, maybe there's a better way?
        
             | olkki wrote:
             | Got it. The issue isn't then in finding restaurants with
             | v/vg options, but instead finding those items in the menu?
             | We haven't standardized the tagging in menus too much in
             | Germany yet, but this would definitely help. A separate
             | category for v/vg would be another solution. Let me take a
             | discussion on this with the team and see how this could be
             | improved. Also happy to take any suggestions.
        
           | mxschmitt wrote:
           | I mostly struggle, when I have a specific restaurant open,
           | some restaurants have an own category for that
           | (vegan/vegetarian) and some add it as a text to the meal
           | description. For some you have to choose e.g. a vegetarian
           | patty to make a burger vegetarian - I'm confused with this
           | mostly. A feature which i would really like is a list of all
           | the meals which I can order nearby restaurant independent and
           | filter them e.g. by vegetarian/vegan ones to discover new
           | restaurants.
        
             | olkki wrote:
             | This is something we have been looking into - to be able to
             | search not only nearby restaurants, but also nearby dishes
             | matching the search criteria. I can't promise an exact date
             | of release, but definitely a highly requested feature. In
             | the meantime I'll see what we can do to clarify available
             | vegan options more clearly before selecting an item.
        
               | shafyy wrote:
               | I would also like this feature :-)
        
               | mxschmitt wrote:
               | Great, looking forward to it! Something like a food
               | recommendation tool would also be nice. "Since you
               | ordered A from B and C from D you probably also like meal
               | E from restaurant F".
        
         | shafyy wrote:
         | I really want to use Wolt in Berlin, but their delivery area
         | just ends literally 50m north of where I live (Neukolln). Hope
         | they extend it soon :-)
        
           | dracyr wrote:
           | I think they extended it fairly recently, I also live in
           | Neukolln and fell outside of the delivery area before
           | Christmas at least. But I did a quick check after reading the
           | article, and now everything seems to be working.
        
             | shafyy wrote:
             | Luck you. I checked here (https://wolt.com/en/discovery)
             | and they still don't seem to deliver (Richardkiez). Maybe I
             | need to check in the app?
        
       | rkul wrote:
       | Loving Wolt. Btw, try tapping on the time estimate circle after
       | placing an order. What's the highest score you ever got? :)
        
       | artemonster wrote:
       | I couldn't find any information what differentiates them from any
       | other similar service?
        
         | mxschmitt wrote:
         | Better UX/UI afaik
        
       | fredsted wrote:
       | Here in Denmark, Wolt started taking off recently, and these days
       | you see Wolt couriers delivering food constantly. Over the last
       | 10 years, I've several hundred orders on Just-Eat, but due to the
       | improved UX of the Wolt app, I've now switched to it completely.
        
         | twic wrote:
         | Let's hope they come to London, then.
         | 
         | Just last night i was marvelling at how poor the Just Eat UX is
         | - marking an order as delivered when it wasn't, i think purely
         | via a timeout after the scheduled delivery time, then sending
         | me an email asking me to review the meal after i'd cancelled
         | it!
        
         | flemhans wrote:
         | Me and my colleagues frequently discus how bad the UX of Wolt
         | is, and how our favorite is the old-school hungry.dk.
         | 
         | Wolt is so slow and odd, and has a weird paradigm about adding
         | copies of the same dish to the cart.
         | 
         | Some of the most basic things ("I want to see only pizza places
         | that deliver to me") are not solved. What's the discovery tab
         | even for?
         | 
         | I only like it (and suffer the UX) because it has live tracking
         | of the orders. And because some restaurants are only available
         | there.
         | 
         | I think people only prefer it because it looks more
         | clean/modern, and not because it's easy to use.
        
           | fredsted wrote:
           | Interesting that you seem to have the complete opposite
           | experience of me. By the way, on my Discovery tab, I can
           | scroll down a bit and click on Pizza to get a list of places
           | that deliver pizza.
        
         | tokai wrote:
         | The UX might be good. But their business would not work if they
         | stopped using young foreigners on tourist visas. Like Uber
         | their business model works due to taking local laws lightly.
        
           | hogFeast wrote:
           | I am not really sure why people think the model is economic.
           | The fixed costs are huge, it is either difficult or
           | impossible to actually offset a living wage to the delivery
           | person if they are only fulfilling one order at a time. The
           | only way this model works now is by hosing down restaurants
           | (in many places right now, there is literally no choice for
           | restaurants but to make delivery apps money). It is true,
           | lots of these restaurants got themselves into this mess by
           | not realising how valuable deliveries were...but...I don't
           | understand how this is long-term viable. Paying someone EUR10
           | to deliver EUR20 of food makes no sense for most customers.
        
             | user-the-name wrote:
             | Couriers definitely are not only fulfilling one order at a
             | time. As you correctly surmise, that would not be possible
             | to do economically.
             | 
             | Orders are routed so that couriers pick up multiple orders,
             | and pickups and dropoffs can be interleaved to keep
             | multiple orders live at all times.
        
           | user-the-name wrote:
           | Local laws are most definitely not taken lightly. Labour
           | legislation in Finland, the initial market, is very strict.
        
           | 4gotunameagain wrote:
           | B..but they are "partners" /s
        
       | jb1991 wrote:
       | "The opportunity is to equip brick and mortar stores to compete
       | with Amazon and Alibaba -- and be better than them."
       | 
       | This is fantastic. It makes sense -- get the convenience of
       | ordering online, but with the tremendously better quality of
       | buying from a local and known source, while also supporting your
       | local economy and peers. I try everything I can to avoid Amazon,
       | as there is just so much garbage, counterfeit, scammed reviews,
       | and just sheer anti-competitive crap that it's a real sore in our
       | world.
        
         | hedberg10 wrote:
         | Biggest hurdle is finding stuff outside of Amazon. People are
         | used to it and Google results are gamed from every possible
         | angle. Even searching for [item] made in [country] yielded
         | nothing for me, because the SEO gap is too huge.
         | 
         | Turns out attracting massive traffic and then acting as a
         | platform works all too well.
         | 
         | So 1. make another platform specifically for off Amazon stuff
         | or 2. specialize for SEO for small companies.
         | 
         | The consolidation of the Web into FAANG needs to end.
        
           | drawkbox wrote:
           | Search is not as reliable anymore because everything is
           | locked up in an app, walled garden or javascript monstrosity
           | now.
           | 
           | The major players like it that way and
           | marketing/business/finance people seem to only care about the
           | data you get with the app now, though no one but large big
           | data third parties knows what to actually do with it. This
           | movement has worked so hard to commoditize technology/data
           | that only major players can exist, everyone else just
           | sharecropping on platforms and algorithms that they can no
           | longer compete with.
           | 
           | For many companies, web is now an afterthought, de-
           | prioritized. A bit like audio/sound in games, a major part of
           | a product but not enough time is given to it.
           | 
           | We lost touch with why the web was amazing, at the root it
           | was basic text/markup, hypertext protocols, that anyone or
           | any company could compete on, and it was searchable outside
           | the walls. That land has now been claimed by bigger owners,
           | locked down, and able to be leased.
        
         | TulliusCicero wrote:
         | If you can get it, that sounds great. But competing with
         | Amazon's scale sounds like a horrendously difficult problem.
         | 
         | But yes, filtering through the cruft and garbage on Amazon
         | seems to get worse every year, which opens up an opportunity
         | for more traditional retailers that don't have the same problem
         | with a million variations on the same thing by shady companies
         | taking up search results space.
        
           | StreamBright wrote:
           | They only need to win over the customers. There is a growing
           | crowd on HN who refuse to buy from Amazon. I spread the love
           | in the community (family, friends, etc.) and sooner or later
           | Amazon is going to feel the lost of trust. Maybe not today or
           | tomorrow, but if the unhappy customers reach a critical mess
           | it will be fast.
           | 
           | "It can take years to create trust and only a day to lose
           | it."
        
             | Loughla wrote:
             | >There is a growing crowd on HN who refuse to buy from
             | Amazon.
             | 
             | HN is, from what I can tell, not necessarily the best
             | bellwether for 'human actions taken'. It's sort of a small,
             | insulated bubble. Just a heads up.
             | 
             | The biggest problem is that, for many folks, there is no
             | longer such a thing as 'local' store to buy things they
             | need. Everything is a chain - wal-mart, dollar general,
             | those sorts of places. So, to them, what's the difference
             | between amazon and faceless corporation (b)?
        
               | bryanrasmussen wrote:
               | >HN is, from what I can tell, not necessarily the best
               | bellwether for 'human actions taken'. It's sort of a
               | small, insulated bubble. Just a heads up.
               | 
               | It does however seem to be a small, insulated bubble with
               | better than average economy.
        
         | Hamuko wrote:
         | Don't you get free deliveries up the wazoo with Amazon if you
         | have Prime? I don't really know how one can compete with that.
        
           | JumpCrisscross wrote:
           | > _I don 't really know how one can compete with that_
           | 
           | I'll pay for delivery if I can be sure it's coming from the
           | manufacturer. Not only is counterfeit risk minimised; the
           | product's freshness is also maximised.
        
           | rorykoehler wrote:
           | Prime isn't free. They charge a monthly fee for it.
        
             | [deleted]
        
             | zikzak wrote:
             | I see the fee as largely a formality, you pay it then you
             | think "might as well order from them since I paid for the
             | membership". Then you have thier video streaming, subscribe
             | and save, etc. It seems to pay for itself but it really
             | increases the chance we'll order from Amazon over a third
             | party (e.g. in Canada, Walmart is really a good alternative
             | as long as you only by "sold as shipped by Walmart" items,
             | but it is rarely the first place I go).
        
               | rorykoehler wrote:
               | Which is why I don't pay for prime.
        
             | criddell wrote:
             | I've wondered why UPS, USPS, and FedEx (and others) haven't
             | tried to start their own prime-type programs. Charge me an
             | annual or monthly fee and then any delivery to me from any
             | participating retailer is free.
        
               | shigawire wrote:
               | Because they don't all have a web services branch to
               | print money and prop up the cost of free delivery?
               | 
               | I'm not sure of that is true but that's my guess.
        
           | TrueGeek wrote:
           | I've been a Prime member since it came out, but lately it's
           | just been awful. Packages will say "delivered" but then
           | either the photo is of someone else's porch or there just
           | isn't a photo. I have their Ring doorbell and I offer to show
           | them no events were triggered. They always say "oh, we must
           | have marked it delivered too early, please wait 48 hours".
           | Then, 48 hours later they offer to refund me and I have to
           | start over. I've asked if they can please only deliver via
           | UPS but they say that's not an option.
        
         | cbolt wrote:
         | Convenience? Where I live, you have to stay at home all day in
         | order to have the luck of a successful DHL delivery.
         | 
         | Then DHL sometimes does not ring, so you have to stay home a
         | second day. Then the package is delivered to the post office,
         | where you have to stand in line with 50 people to collect it,
         | which takes an hour.
         | 
         | I only order online when I have to.
        
           | 4b11b4 wrote:
           | For DHL orders you can sign the signature in advance... It's
           | towards the bottom of a page when viewing a tracking number.
        
           | jpalomaki wrote:
           | Common problem here as well.
           | 
           | Wonder if it would be difficult to provide more detailed
           | estimate for the delivery (through app) based on couriers
           | location and list of pending deliveries.
        
         | metafunctor wrote:
         | The big issue for me is delivery times. When I order something
         | the website claims is "in stock", it often takes weeks to be
         | delivered. Clearly they don't have the item in stock, but are
         | backordering it from somewhere else (usually Germany). That
         | sucks so much. I am perfectly capable of ordering from Germany
         | myself, and it is much faster than ordering from these faux "in
         | stock" websites.
         | 
         | Not Amazon, though. They get it. Quick delivery is key.
         | 
         | The problem here for Wolt is to get an accurate (and I mean
         | _accurate_) picture of what they can actually deliver very
         | quickly. Most brick & mortar stores don't have the ERP to
         | support that. They have no computer system that correctly
         | tracks what items they actually have on their shelves. It's
         | crazy, but it's true.
         | 
         | P.S. The above may be wildly different in different locales.
         | I'm in Finland, where Wolt was conceived. I sometimes order
         | lunch from Wolt but I have serious reservations they can pull
         | this off with items that are back-ordered through a lengthy
         | supply chain.
        
           | arcturus17 wrote:
           | There may be opportunities in creating simplified ERPs for
           | SMBs.
           | 
           | In fact, if they want to compete, it will be necessary to
           | adopt one for the reasons you point out.
        
             | toomuchtodo wrote:
             | IMO, The platform must be the ERP system, with the local
             | business simply acting as a logistics node in the network
             | (storage, shipping).
        
           | szatkus wrote:
           | I know some computer stores that have that. I can check on
           | the website if a product is anywhere nearby, go for a walk
           | and buy it.
           | 
           | Oh, and IKEA.
        
           | user-the-name wrote:
           | Wolt has no support for anything other than delivering
           | immediately. So if the shop lists an item they do not
           | actually have, they have to reject the order.
        
             | paavohtl wrote:
             | Well, that's not exactly correct. You can create a
             | scheduled order up to a week in advance.
        
               | user-the-name wrote:
               | Yes, but that is entirely customer-driven, and just
               | places the order in a queue to start at a point chosen by
               | the system so that it will be delivered at the promised
               | time. Once the order is initiated, it will be delivered
               | immediately, there is no logistical system in place to do
               | anything else.
        
           | xmodem wrote:
           | It's funny, in Sweden I've been having the opposite
           | experience. Local stores almost always specify if they have
           | stock accurately and what the lead times are if not, and
           | delivery is usually as quick as specified.
           | 
           | Amazon usually comes in a bit cheaper but comes from Germany
           | or the UK. Since brexit everything from the UK is taking
           | weeks.
        
             | metafunctor wrote:
             | Yeah, I like to order from Sweden. It's usually faster to
             | ship stuff from Sweden to Finland than ordering from a
             | Finnish faux "in stock" webshop :)
        
               | stevekemp wrote:
               | I probably shouldn't comment, as I've never used any of
               | these delivery services .. but that said I've always been
               | pretty patient when it comes to online-ordering.
               | 
               | There are a lot of things I could go to a store to buy if
               | I needed them "immediately". If I can way a week or two
               | then online ordering is just something I do because it is
               | either very easy to do, or a lot cheaper.
               | 
               | Right now I'm waiting on the delivery of some NE555 timer
               | chips, so I can build a clock circuit to drive a Z80.
               | Since I'm in no immediate rush I just ordered a bunch
               | from aliexpress, I have no doubt they'll turn up in six
               | weeks.
               | 
               | (I did look at how much it would cost to buy a single 555
               | locally, and found a couple of online sites such as
               | mouser.fi, and partco.fi, but they were quoting EUR10-20
               | for delivery which was just not something I was going to
               | pay, even if the delivery would have been speedy.)
               | 
               | Also last week I got nostalgic for when I used to have
               | the complete collection of Discworld books, so I ordered
               | half of them online, I was given a delivery estimate of a
               | week which is perfectly fine, I've no shortage of books
               | to read here in the meantime.
        
               | Zanfa wrote:
               | For what it's worth Farnell is by far the most reliable
               | place for electronics components I've found in the EU.
               | Next business day delivery for 5 EUR from Western Europe
               | to Estonia even if you order in the afternoon. Haven't
               | been disappointed yet.
        
         | ignoramous wrote:
         | This is a real cause of worry for Amazon's retail business that
         | has so much riding on its warehouse and logistics investments.
         | In India, as hard as it is, Swiggy has started to turn the
         | screws on the existing e-commerce model with Genie:
         | https://medium.com/swiggydesign/swiggy-genie-the-design-stor...
        
         | user-the-name wrote:
         | It is a whole new kind of thing to sit in your house, look at
         | something you want, place the order, and then have it in your
         | hands in 45 minutes.
        
           | szatkus wrote:
           | I did my first online grocery order in the middle of
           | pandemic. I needed to wait to 6 days :D
        
             | insickness wrote:
             | My parents live in northern New Jersey, about an hour away
             | from NYC. For the first two months of the pandemic, it was
             | impossible to get them food delivery. The wait times were
             | exactly that a week or longer. Now it's fine. But it was so
             | frustrating at it first.
        
           | ashleshbiradar wrote:
           | Check out Dunzo.com
        
           | jeffrallen wrote:
           | Then hopefully suffer more than 45 minutes of guilt for the
           | externalities of your decision, including the likely fact
           | that your delivery person is not making a living wage. Why
           | not walk to your neighborhood store and buy something from a
           | fellow citizens in your own community? Bonus points if you
           | manage to find a replacement for an import made by a local
           | company.
        
             | citrus1330 wrote:
             | I would say any wage is better than no wage at all, which
             | is what delivery people make if there are no deliveries.
        
             | user-the-name wrote:
             | Wolt does pay couriers decently, and carbon compensates
             | deliveries. And the order comes from local shops.
        
               | kakoni wrote:
               | So do you think in Finland 13-14e hourly charge rate for
               | self-employed entrepreneur is a decent rate?
        
               | Arkku wrote:
               | What is your source for this rate? Based on limited
               | knowledge (e.g., the Finnish YouTuber who tried working
               | as Wolt courier for a couple of days, and the recent
               | articles about the courier who is trying to earn 8000e in
               | January delivering with Wolt), it seems that the rate
               | _when actually making deliveries_ is higher. I might be
               | willing to accept that this quoted figure is the hourly
               | rate when the courier is technically available for
               | deliveries but not getting them all the time. So, the
               | hourly rate would go up if more people made delivery
               | orders, because there would be less downtime... Of course
               | nothing prevents the self-employed couriers from doing
               | other work in the meantime, e.g., delivering for another
               | company or working on some personal project (studying
               | comes to mind as a thing that can be done during
               | downtime).
               | 
               | Now, admittedly if they were employees, they would be
               | paid by the hour whether there were orders or not, but
               | then both their salary and the number of couriers on duty
               | would have to be adjusted accordingly, which means the
               | majority of couriers would lose this job... Not a simple
               | matter, IMO, I think there is a gap in legislation when
               | it comes to this type of work.
        
               | kakoni wrote:
               | For instance from this story " Woltin mukaan Woltin
               | kaikkien lahettien keskimaarainen laskutus on nykyaan
               | nykyaan 13,44 euroa tunnilta." (Source:
               | https://www.is.fi/taloussanomat/art-2000006312759.html)
               | 
               | Most on these "can earn so many thousands per month" seem
               | to follow same formula 1) Assumes that somebody works
               | >12h per day, 6-7 days per week and 2) Mixes salary and
               | self-employed hourly rate
        
             | flyinglizard wrote:
             | Wolt couriers in Israel make 3-4 times the minimum wage
             | when all is said and done.
        
               | names_are_hard wrote:
               | I'm not doubting you but if you have a source for this
               | (Hebrew is fine) I'd appreciate it. This topic has come
               | up in conversation before and I'd like some more info on
               | this.
        
               | flyinglizard wrote:
               | Maybe this: https://www.meshekil.com/ReadNews/hMLbbgJ2C-%
               | D7%A9%D7%99%D7%...
        
             | yrimaxi wrote:
             | Chances are that you spend more time than that feeling
             | resentful that the big bad strangers on the internet don't
             | feel even a pang of shame just because you told them to.
        
           | maccard wrote:
           | I've got same day delivery on certain items on some sites and
           | while it's a nice novelty, I've found it's unnecessary. I'm
           | quite happy (content even) to wait 2 days, as long as it is
           | actually 2 days, and not 1-5 days depending on the position
           | of the moon.
           | 
           | My supermarket offers 4 hour delivery windows that you book
           | about a week in advance, and it's perfect (other than the
           | occasional dodgy swap or missing item). I can work with that.
           | But amazon (for example) offers same/next day delivery, and
           | I'd estimate maybe 10% of my orders are late. That doesn't
           | work if I'm relying on them for food
        
         | StreamBright wrote:
         | I am switching over the local stores as much as I can. Amazon
         | took a turn for the much worse 5 years ago and it continues
         | going down this spiral every year.
         | 
         | Few highlights:
         | 
         | - fake item inventory: 50% chance of getting what you ordered
         | vs some fake knockoff
         | 
         | - delivery hell: stolen items (i have personally watched a
         | delivery driver steal my package), delivered items that never
         | arrived (probably falls into the previous category but i have
         | no proof), failed delivery for addresses that worked for 5+
         | years before
         | 
         | - item arriving from different country that I made the
         | purchase, this is funny in Europe, UK has left the EU on 1st of
         | January so there is import customs to pay on items. I order and
         | item from Germany and Amazon send me from the UK because it is
         | 1 cent cheaper for them. I have to pay the same amount of
         | customs + tax that the amount of the purchase. After some back
         | and fort they reimburse.
         | 
         | So if there is a startup that allows me to order from a local
         | store, I could not care less how much more expensive it is than
         | on Amazon, I am going for it. I hope they succeed.
        
           | criddell wrote:
           | > 50% chance of getting what you ordered vs some fake
           | knockoff
           | 
           | I don't think I've ever received a counterfeit item from
           | Amazon and I get something from there at least once a week.
        
           | rightbyte wrote:
           | > stolen items (i have personally watched a delivery driver
           | steal my package)
           | 
           | Did he pick up some other package by your door? Or how do you
           | know he stole the package he was delivering.
        
             | zikzak wrote:
             | It's not unknown to have a driver snap the confirmation and
             | then take the package. Anyone who does this will eventually
             | get fired but it seems to happen. Personally, I've never
             | had an issue with this but there's doorbell camera evidence
             | of it, etc. I think people following the vans and stealing
             | packages is way more common (orders of magnitude).
        
             | StreamBright wrote:
             | Guy came in his turck, got a bunch of packages in his hands
             | when exited the vehicle, dropped off some of the packages,
             | he had one package in his hand when got back and left. Few
             | minutes later the notification came that my package was
             | delivered. I was trying to understand who is stealing my
             | packages, maybe neighbours or somebody breaking in after
             | the delivery guys leaves. This was in a gated community.
             | Finally I understood it was the driver. I called amazon
             | about it but nothing happened. They just refunded me and
             | did not do anything about it. Financially this is "optimal"
             | for them (as least in the short run). I have never ordered
             | anything to that address anymore and I started to use the
             | company address in the city in a building that has 24 hour
             | staff.
        
         | yrimaxi wrote:
         | Most patrons of a store are not the store owners' peers.
        
       | klohto wrote:
       | Wolt has been the only delivery service that hasn't let me down
       | throughout 2020.
       | 
       | Time estimation is still the best, couriers are paid fairly well
       | and I have not had a bad experience with one, support uses canned
       | responses but solving is fast and without excuses.
        
         | simias wrote:
         | That's good to hear, they don't operate where I live but I'll
         | be sure to give them a try when do. I just hope that it's not a
         | temporary thing, I seem to recall that many of these services
         | often start with very advantageous terms for everybody involved
         | in order to drive adoption only to slash all that when they
         | reach critical mass. The relative lack of regulation and
         | collective bargaining makes it very easy to do.
        
         | bittermandel wrote:
         | Exactly this. Wolt is such a great experience compared to
         | Foodora, Uber Eats etc here in Sweden. Time estimations are
         | most often spot on if location is no more than a few kilometers
         | away. Recently they started supporting real pictures of dishes,
         | rather than the fake hamburger or pizza banners in other
         | services.
        
         | jfim wrote:
         | > couriers are paid fairly well
         | 
         | I wonder if that's part of their success. Costco is known for
         | both having very sticky membership rates and relatively well
         | paid employees for retail positions.
        
           | user-the-name wrote:
           | It does help to make sure that the only people who represent
           | your business face to face are actually happy about it.
        
             | jfim wrote:
             | Probably. Considering that the grandparent mentioned that
             | their service is actually reliable, I wish they were
             | available here (South Bay, SFBA).
             | 
             | I don't think I've even had a 50% success rate with the
             | food delivery apps here, there's almost always an issue
             | with the delivery. At this point it's just a toss as to
             | whether they'll deliver according to instructions (drop the
             | package in front of the garage), deliver to another
             | entrance (which is further for the driver), deliver to the
             | neighbor, call for delivery instructions, or even leave it
             | on a fence post.
             | 
             | It's pretty crazy to think that on top of a 30% cut that
             | they take from the food order, the delivery fees, service
             | fees, tip, and other arbitrary fees (I'm almost expecting a
             | "fee collection fee" at this point), they can't even bother
             | providing good service.
        
           | Cthulhu_ wrote:
           | It's almost like treating staff well is a good thing! The
           | audacity!
           | 
           | Anyway I hope they stay private and don't get shareholders,
           | broadly speaking those are leeches who make the big decisions
           | and earn big money without having to put the work in. They,
           | and capitalist min-maxing, is part of the reason why
           | employees are exploited, underpaid and overworked nowadays.
        
           | sz4kerto wrote:
           | Yes. Wolt couriers in my country often mention that they're
           | treated much better than in their previous gig at <another
           | delivery service>. Wolt has customer service, it just feels
           | that they're trying to fix your problem when something
           | doesn't work out (e.g. when you don't get the food in time,
           | etc.).
        
         | barrenko wrote:
         | Pretty much.
        
         | amitport wrote:
         | "couriers are paid fairly well" - Any references?
         | 
         | From what I've heard this is not the case. Actual data would be
         | nice.
        
           | klohto wrote:
           | Talking to couriers; Wolt being a Finland company with strong
           | morals; operating only in EU. Check their website for
           | estimated payment.
           | 
           | The gig market in Europe isn't a slavery compared to US. Wolt
           | also has higher delivery prices, which is how they can afford
           | to do this.
        
           | user-the-name wrote:
           | Two blog posts from Wolt about it, unfortunately in Finnish:
           | 
           | https://blog.wolt.com/fin/2019/11/01/27-kysymysta-ja-
           | vastaus... https://blog.wolt.com/fin/2019/11/01/miten-
           | ruokalahetilla-me...
        
         | snemvalts wrote:
         | For me, their time estimation has always been terrible and
         | dishonest - they routinely estimate 25-35 minutes for places
         | that almost always take 70min+, on really busy days for really
         | common orders.
        
       | kakoni wrote:
       | One thing to note about courier wages/payments. In Finland wolt
       | started initally with more generous payments to the couriers and
       | then gradually started to bring them down.
        
       | shapiro92 wrote:
       | They are competing here in Berlin, against DeliveryHero (which
       | bought foodora and other smaller deliveries). They are both the
       | same, except the restaurant coverage. From that I can assume they
       | have a better b2b model. Wolt prices are higher, even though
       | DeliveryHero prices are already higher, including the distance
       | extra payment for me it makes it stupid to order. I understand
       | that the drivers get paid more and it is obvious, but as a
       | consumer to pay 30% more for a delivery, is insane. Back in the
       | day you would get FREE delivery from restaurants and even extras.
       | Being corona lockdown I prefer to walk and get my food.
       | 
       | This is not a judgement against Wolt, but against this whole
       | delivery system.
        
         | aserafini wrote:
         | They are not competing in Berlin against Delivery Hero.
         | Delivery Hero exited Germany and sold Foodora, Pizza.de AND
         | Lieferheld.de to Lieferando: who promptly shut those 3
         | platforms down leaving only Lieferando.
         | 
         | So now Wolt is competing in Berlin in takeaway food market
         | against only Lieferando, and seeing as they only started last
         | year, Google Trends suggests they are getting a reasonable % of
         | the market already, somewhere around 12% of Berlin online food
         | delivery:
         | 
         | https://trends.google.com/trends/explore?geo=DE-BE&q=liefera...
        
           | FlyingSnake wrote:
           | DeliveryHero's primary market is S.E. Asia, Pakistan,
           | Bangladesh etc, and they don't have any sales in Berlin. Also
           | Wolt don't even operate outside the Kreuzkolln bubble, I've
           | never heard of it till now, and I don't understand why people
           | are fawning over Wolt operating in Berlin.
        
             | magnusmundus wrote:
             | > why people are fawning over Wolt operating in Berlin
             | 
             | mainly the shameful experience of Lieferando, and the
             | several months of total monopoly after their acquisition of
             | the Delivery Hero brands. The antitrust organization really
             | let customers down on that one.
             | 
             | > Kreuzkolln bubble
             | 
             | one that covers from Hauptbahnhof to ~half of PB, but who's
             | counting...
        
             | avh02 wrote:
             | https://wolt.com/en/deu/berlin/article/berlin_deliveryarea
             | 
             | definitely covers more than what you're stating, but
             | granted, if you're in Charlottenburg you may not have
             | noticed them.
        
               | FlyingSnake wrote:
               | They're leaving large swathes of Mitte, schoneberg,
               | Tiergarten etc. that's why maybe
        
           | avh02 wrote:
           | also that lieferando delivers a pathetic user experience (too
           | many bugs and poor UX decisions to list here). I would love
           | to see Wolt take over the Berlin/German market.
        
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