The global foodservice industry experienced a 40% drop in company filings mentions of ecommerce in Q2 2023 compared with the previous quarter, with the highest share accounted for by DoorDash with 21% year-on-year increase, according to GlobalData’s analysis of over 29 foodservice company filings. GlobalData’s Business to Consumer (B2C) eCommerce Market Size, Share, Trends, and Segment Forecast to 2026 report offers a thorough analysis of the global B2C eCommerce market, segmentation and forecast by payment methods and region, and the current competitive landscape. Buy the report here.
Notably, ecommerce was one of the most frequently referenced themes in Q2 2023, ranking highest in terms of mentions, ahead of cybersecurity and social, according to GlobalData.
Of the top leading companies in the foodservice industry, DoorDash had the greatest increase in references for ecommerce in Q2 2023, compared with the previous quarter. GlobalData identified 47 ecommerce-related sentences in the company's filings - 3% of all sentences - and an increase of 21% in Q2 2023 compared with Q2 2022. McDonald's’s mentions of ecommerce dropped by 50% to 1 and Yum! Brands’s by 50% to 1.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for ecommerce in Q2 2023 was 97.
For further understanding of GlobalData's Business to Consumer (B2C) eCommerce Market Size, Share, Trends, and Segment Forecast to 2026 buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.
