Food delivery startup OyaNow is targeting the 1% to break even by Q1 2026
OyaNow projects to break even by Q1 2026, focusing on affluent consumers. Competitors like Jumia Food and Uber Eats have exited the Nigerian food delivery market due to unsustainable economics.
Profitable FoodCourt laid off nearly 100 staff after process restructuring in May
Redesign of cooking processes led to nearly 100 redundancies in May 2024. FoodCourt aims to reduce meal preparation time to 20 minutes.
