Snappy Shopper, the online platform that allows shoppers to order goods from local convenience stores for delivery in as little as 30 minutes, has revealed that it is expecting to complete its five millionth order in the coming days, following record-breaking order numbers so far this year.
The company noted that this starkly contrasts with the outlook for rival platforms that operate from dark stores. Many rapid delivery start-ups are now pivoting their businesses away from this model following significant cash burn and stagnating sales, whilst others have announced staff redundancies.
Snappy Shopper, which counts former Sainsbury’s CEO Justin King as an investor, stated that its growth has been supported by recent Series A funding totalling £19.4m. The company highlighted that the “leading dark store operator in Europe with UK operations” has raised more than £1bn investment and reportedly burned through €90m per month at the end of 2021.
2022 has been a record year for Snappy Shopper, with retailers on the platform claiming to be reporting up to 160% increased basket spend compared to in-store.
Mike Callachan, CEO at Snappy Shopper, said: “As we celebrate the milestone of our five millionth order through the Snappy Shopper app, we continue to develop our technology to support independent retailers and combat the threat posed to their businesses by dark stores.
“The sustained growth of the platform and growing demand from both sides of the marketplace (retailers and consumers) confirm our position in the market as being the better, less capital intensive solution to rapid grocery delivery by driving incremental sales straight into the existing UK convenience store network.”
