Online Food-Delivery Firms Knocked Off Course by COVID-19 Crisis

Online Food-Delivery Firms Knocked Off Course by COVID-19 Crisis
An Uber Eats delivery man with his face covered rides his bike in Montpellier, southern France on April 3, 2020. Pascal Guyot/AFP via Getty Images
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GDYNIA/NEW YORK/AMSTERDAM—The lockdown of millions of people at home across the globe due to COVID-19 should have been the perfect recipe for success for the burgeoning online meal-delivery market.

But some of the world’s largest players, including Uber Eats and Just Eat, which is being bought by Takeaway.com, have been hit by a double whammy: restaurant suppliers have been ordered to shut and, with more time at home to cook for themselves, some people appear to have lost their appetite for takeout.