Business
Broadside Enterprises, Inc. (OTC: BRSE), Poised to be a Leader in the Rapidly Growing Food Delivery Market, Announces Q1 2024 Results
Broadside Enterprises, Inc. (OTC: BRSE), Poised to be a Leader in the Rapidly Growing Food Delivery Market, Announces Q1 2024 Results.
About this update from Broadside Enterprises, Inc.
[{"type":"text","content":"\n\n\n\nBroadside Enterprises, Inc. (OTC: BRSE), Poised to be a Leader in the Rapidly Growing Food Delivery Market, Announces Q1 2024 Results\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n\n\n\n\n\n\nBroadside Enterprises, Inc. (OTC: BRSE), Poised to be a Leader in the Rapidly Growing Food Delivery Market, Announces Q1 2024 Results\nPR Newswire\nLOS ANGELES, Calif., May 16, 2024\n\n\n\nLOS ANGELES, Calif., May 16, 2024 /PRNewswire/ -- Broadside Enterprises, Inc. is poised to be a leader in the rapidly growing online food delivery market capitalizing on surging consumer demand for convenient, high-quality restaurant fare delivered directly to their doorsteps.\n\n \n \n \n \n \n \n\n \nAccording to Mordor Intelligence, the global food delivery market is estimated to grow at a compound annual growth rate of approximately 15% from $600 billion in 2023 to $1.4 trillion in 2029. This remarkable growth signifies a continued and fundamental shift in consumer behavior – a growing preference for restaurant-quality delivered meals.\n\"We see a tremendous opportunity,\" said Alan Moore, CEO of Broadside Enterprises, Inc. \"Consumers crave gourmet meals on demand, and Broadside is perfectly positioned to deliver. By leveraging our expertise and commitment to innovation, we're confident we can establish ourselves as a major player in this exciting space.\"\nHaving acquired its digital delivery platform in December 2023, the Company generated $536,561 in revenue, $66,442 in gross profit and a net loss of $133,079 during its first full quarter of operations as a digital hospitality platform.\nAdditional information about Broadside can be found in the Company's reports and filings at www.OTCMarkets.com and on its corporate website at www.broadsideenterprises.com.\nAbout Broadside Enterprises, Inc.:Broads...