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If fund raising is any indication of this prediction (my bet is yes), look no further than the two big players in India - Swiggy and Zomato [0] and [1]. Losses are in the range of 70 million dollars or so for FY17-18 [2]

[0] https://www.livemint.com/Companies/9cuyxq0GMXuDWaGuMWYsZL/Sw...

[1]https://inc42.com/buzz/zomato-in-talks-for-1bn-war-chest-to-...

[2]https://www.livemint.com/Companies/cjK3T36vZl1easaVBMXVNN/Sw...




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