One industry that is really flourishing in Singapore is the food industry. As per the stats, Singapore food industry is contributing $14.4 billion to GDP and employs nearly 300,000 people. So we can imagine how profitable it would be to start the food business in Singapore.
However, high license fee, towering rental rates, limited land space in Singapore, etc. are some of the hurdles that could stop you from launching your own food venture.
That's why starting an online food business like Uber Eats, FoodPanda is a better choice where you don't need to buy the land or pay rent for your food venture. Additionally, online food ordering and delivery market is growing expeditiously in Singapore. The popular online food delivery company FoodPanda has more than 1.5 million users and 3,500 restaurant partners in Singapore. Similarly, Uber Eats & Deliveroo have millions of users in Singapore. It clearly shows how fast the online food ordering and delivery industry is emerging in Singapore.
How to Start
If you have any plan to invest in the online food business then you can start with a technology solution like YoYumm. YoYumm is an ultimate ready to launch online food ordering and delivery platform by which you can start an online food business at just $499. For more details, visit: https://www.fatbit.com/online-food-ordering-software-script.html
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