From Yahoo Finance: 2025-04-27 16:31:00

The global ride-sharing market is valued at $53.02 billion and is expected to grow at a rate of 11.45% between 2025 and 2030. Europe is the largest market, but Asia Pacific is the fastest-growing. The industry benefits from trends like urbanization and the shift towards efficient transportation. The food delivery market is worth $780 billion, projected to grow at a rate of 15.01%. Urbanization and technological advancements drive growth, with Asia Pacific leading the market. Innovations like cloud kitchens are reshaping the industry.

Grubhub and Avride are introducing autonomous robot food delivery at colleges, starting with The Ohio State University. The collaboration’s fleet of 100 robots can handle high delivery volumes and navigate challenging conditions. As the ride-sharing and food delivery industries grow, the best stocks favored by hedge funds are being highlighted. Grab Holdings Limited ranks fourth due to its extensive Southeast Asian ecosystem and revenue growth.

Grab Holdings Limited provides various services through its app, including food delivery, ride-hailing, and financial services. The company boasts strong revenue growth and a robust net cash position. Analysts are bullish on Grab’s growth potential in Southeast Asia, supporting a Buy rating. While Grab ranks well among ride-sharing and food delivery stocks, there are AI stocks with potentially higher returns in a shorter time frame. Consider exploring the cheapest AI stock for promising investment opportunities.



Read more at Yahoo Finance: Among the Best Food Delivery Stocks to Buy