Boom time: Everyone is launching grocery shopping websites in Australia

The online grocery shopping market appears to be the new darling of tech entrepreneurs in Australia

On Friday, serial Australian entrepreneur Ruslan Kogan announced his company Kogan is launching a home delivery grocery service called Kogan Pantry. It follows an announcement on Jan. 26, by the Berlin startup company, Rocket Internet, that it is also branching into non-perishable goods Down Under, with a service called ShopWings

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It makes sense startups are looking to the online grocery market, which remains relatively untapped, and is forecast to grow globally from US$36 billion in 2013 to US$100 billion in 2018, according to predictions by consulting firm The Boston Consulting Group (BCG). Read more...

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