Food Online, a Nigerian food-tech startup redefining food delivery through instant and reliable service, has officially launched and is already demonstrating strong traction. Since inception, the company’s platform has generated over ₦75 million in revenue for its restaurant partners, signaling a powerful market demand and a sustainable business model.
The timing is strategic. According to a market report by BlueWeave Consulting, Nigeria’s online food delivery market is projected to reach USD 1.9 Billion by 2031, growing at a compound annual growth rate of 10.88% between 2025 and 2031.
Unlike other sectors, the food delivery industry currently has no clear king. With the exit of several “big players” and no dominant leader, the space remains wide open, creating a rare opportunity for Food Online to establish itself as the market leader.
Food Online’s logistics-first approach and customer-focused technology give it a distinct competitive advantage in capturing this growth. The company is strategically implementing a lean model, pursuing early profitability.
“We are building for scale,” said Damilola Yusuf, General Manager of Food Online. “Our platform is not just a food marketplace, it is an engine accommodating every aspect in the food value chain from restaurants, customers, and logistics designed to overcome the challenges of Nigeria’s cities. Our traction so far proves both consumer demand and our model’s efficiency.”
Food Online connects users with a wide range of restaurants, from local favorites to international chains, offering real-time order tracking, multiple payment options, and consistent fast delivery. This customer-centric design has fueled rapid adoption and strong retention, positioning the company for nationwide expansion.
Also speaking at the press briefing in Abuja, Mr. Victor Oni, Senior Business Development Executive at Food Online, stated:
“Beyond customer success, Food Online is proving to be a valuable partner for restaurants by increasing visibility, driving consistent sales, and enabling digital transformation in an industry where many small-scale operators remain offline.”
With over 10,000 orders in less than 30 days of operations, Food Online is already demonstrating its ability to deliver value across the ecosystem.
Looking ahead, the company is preparing to expand operations across Nigeria, with plans to scale into other African markets. By combining local insights with scalable technology, Food Online aims to become one of Africa’s leading digital economy success stories.
