Wolt Market to be launched in Hungary

Retail

Wolt Market, Wolt's own delivery-only store, will be launched in Hungary this fall, according to a press release sent to the Budapest Business Journal.

Following trials in Finland and Greece last year, the company plans to launch Wolt Market in most countries where it operates, including in Hungary.

The service is planned to operate first in Budapest and then in several rural cities, operating as a separate store alongside other retail partners. In addition to food delivery, the aim is to strengthen the retail business and achieve even faster home delivery.

With more than 2,500 products on the Hungarian market, Wolt Market will offer immediate delivery of products from grocery stores and drugstores.

"However, this does not mean that our approach to our retail partners will change. On the contrary, we are aware that our cooperation is the key to success and therefore will always remain a priority for us. The example in Finland shows that the growing segment has attracted more users to the app, which has clearly increased the number of our users, which is a benefit for all our partners," says Wolt Hungary CEO Ákos Tajta.

"The key aim and development is to deliver as fast as possible. Wolt's advantage over the big chain stores has always been its speed in small shop and restaurant orders, allowing the goods ordered to be at the customer's door in as little as half an hour. Wolt Market will help to improve this speed even further," added Tajta.

In each market, Wolt will set up teams that will be solely responsible for managing Wolt Market. It will be an independent company on an equal footing with the other retail partners. The development will not only mean recruiting new team members, but in the long term it will also bring a change in the way Wolt works with couriers according to the press release.

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