On-demand delivery start-ups lose their luster as investors decide to keep the change

Investment in food delivery startups slowed to a halt in the second half of 2016 as backers seemingly lost faith in the saturated, low-margin scene.
Data collated by Reuters found that a total of $1.9bn was invested into food delivery start-ups in the first half of the year – dwarfing the $50m raised by the industry in the second half, a disparity which could be a cause for concern in 2017. 
The report, compiled using data from the “companies, their backers and third-party websi