Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Dija launches 10-minute grocery deliveries in London after generating big investor buzz

Published by Business Insider on Fri, 05 Mar 2021


<p><img src="https://static2.businessinsider.com/image/6040ce3f2dc9010018355516-2000/Alberto &amp; Yusuf_founders.png" border="0" alt="Alberto &amp; Yusuf_founders" data-mce-source="Dija" data-mce-caption="Dija cofounders Alberto Menolascina and Yusuf Saban"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>The latest area of tech hype is superfast grocery delivery.</p><p>Startup investors <a href="https://www.businessinsider.com/ex-just-eat-ceo-deliveroo-investor-grocery-delivery-apps-2021-2">are banking on a shift in consumer behavior towards online convenience</a>, particularly in last-mile, super-local grocery delivery.</p><p>One of the buzziest European companies in the space, London-based Dija, has just launched its full product in several neighborhoods in London, promising 10-minute deliveries for everyday essentials. It will offer a flat delivery fee and claims that if it's late, users will get three months of free deliveries to compensate.&nbsp;</p><p><a href="https://www.businessinsider.com/dark-store-grocery-delivery-europe-fomo2020-11">Insider reported on Dija's inception in November 2020</a> when the startup was at the center of a bidding war between startup funds, weeks after its incorporation and before its website or app was even live.</p><p>The company, cofounded by former Deliveroo employees Alberto Menolascina and Yusuf Saban, eventually sealed a $20 million seed funding round from Blossom Capital, Creandum, and Deliveroo-backer Index Ventures.&nbsp;</p><p>In the meantime, Dija has been trialling its product in its three initial launch areas: South Kensington, Fulham and Hackney. By the summer, Dija plans to open a further 20 hubs to provide its services to around 3 million Londoners.&nbsp;</p><p>"It's been insane," Menolascina told Insider in an interview. "Someone has to disrupt this market, from an operations perspective it is simple but it's not for everyone."</p><p><img src="https://static4.businessinsider.com/image/60411903b46d720018b04e57-1868/Screenshot 2021-03-04 at 172205.png" border="0" alt="Dija screenshot" data-mce-source="Dija" data-mce-caption="Dija is part of a new wave of startups offering superfast grocery delivery during the pandemic."></p><p>Dija launches as online food delivery goes firmly mainstream.</p><p>Even before the pandemic supercharged food delivery, the market was estimated to hit $117 billion by 2023. Research from Capgemini indicates that 56% of UK consumers expect to get online deliveries at least once a week in 2021.</p><p>Menolascina previously founded Supermercato24 in his native Italy and spent time working with <a href="https://www.businessinsider.com/deliveroo-ipo-could-take-place-in-april-at-10-billion-valuation-2021-1">soon-to-IPO Deliveroo</a>, and before that European food delivery giant Just Eat.&nbsp;</p><p>"Things have changed a lot," he said. "In 2014, even my mother would not use Supermercato saying it was too expensive, the team too, now she is an avid online shopper."&nbsp;&nbsp;</p><p>The key, for Menolascina, will be based around quality and customer service. "It's not our job to tell people what to eat," he said. "We will partner with the best brands out there at a local level."</p><p>Dija said that its delivery riders will be full employees with entitlement to a pension and sick pay. This is a change from his former employer, Deliveroo, whose food delivery riders are independent contractors with fewer rights.</p><p>Dija and others like it will need to demonstrate that its economics make sense, given retail is famously a low-margin proposition.</p><p>Ophelia Brown, a venture capitalist with Dija investor Blossom Capital, said the firm had the potential to be a "$100 billion-plus company" and praised the firm for a "viable solution to the problems with grocery shopping."</p><p><strong>SEE ALSO:&nbsp;<a href="https://www.businessinsider.com/dark-store-grocery-delivery-europe-fomo2020-11" >Grocery delivery apps newly founded in 2020 are netting crazy valuations as investors pile in</a></strong></p><p><a href="https://www.businessinsider.com/dija-10-minute-grocery-delivery-startup-launches-first-operations-in-london-2021-3#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/transgender-activist-former-white-house-intern-sarah-mcbride-isnt-discouraged-by-trump-2018-3">Sarah McBride made history becoming the first openly trans person elected to a state Senate seat. In 2018, she explained why the Trump administration wouldn't discourage her work.</a></p>
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Naija News  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Softfootball  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs