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Sep 2024Heyfood said rider churn was a key operational risk because competitors poached riders with sign-up bonuses, and rising fuel costs pushed the company to consider financing electric vehicles for riders.
SourceCompany research
Public company, workplace, funding, and market signals
Overview
Heyfood is an Ibadan-based Nigerian food ordering and delivery marketplace for restaurants, hotels, QSRs and food vendors; it targets urban millennials and Gen Z and monetizes through sales commissions and delivery fees.
Primary product
Food ordering and delivery marketplace app
Founded
2021
Headquarters
Ibadan, Nigeria
Team size
11-50
Industry
Food and Beverage Services
Sub-industry
Food ordering and delivery marketplace
Offices
Ibadan, Nigeria (HQ)
Open Positions
0 jobs at Heyfood
No open positions
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