Wolt
Wolt is a multi-vertical local commerce platform operating in 28 countries, connecting 40 million consumers with 150,000+ merchants and 450,000+ couriers for food, grocery, retail, and pharmacy delivery, generating revenue via commissions, Wolt+ subscriptions, advertising, and B2B logistics.
- Company typePrivate
- Founded2014
- HeadquartersHelsinki, Finland
- Headcount5,001–10,000
- GTM typeB2C
- OfferingDigital Commerce or Content
What Wolt does
Wolt is a multi-vertical local commerce platform founded in Helsinki in 2014 and operating across 28 countries and 1,000+ cities, connecting approximately 40 million registered consumers with 150,000+ merchant partners and 450,000+ courier partners. Originally a food-delivery app, Wolt has expanded into groceries, retail, pharmacy, beauty, and electronics through a consumer app, Wolt Market dark stores, and direct merchant integrations. As a wholly-owned subsidiary of DoorDash Inc. (acquired in late 2022 for approximately USD 8.1 billion), Wolt functions as DoorDash's international operating brand across Europe, the Middle East, the Caucasus, Central Asia, and (until the announced 2026 exit) Japan.
The platform's core technology stack comprises native consumer iOS and Android apps (4.8 App Store / 4.2 Google Play ratings), a self-serve merchant portal with analytics, a dedicated courier partner app for routing and earnings, and proprietary logistics optimization algorithms. Supporting products include Wolt Drive (logistics-as-a-service API), Wolt Storefront (white-label ordering), Wolt Converse (AI support tooling), Wolt Ads (retail media), Wolt Capital (merchant financing), and Wolt for Work / Wolt Benefits (corporate meal and lifestyle benefits). 1,000 engineers support the technology base, and integration with DoorDash's global stack is underway.
Wolt monetizes through multiple streams: marketplace commissions of 15-30% on merchant GMV, consumer delivery and service fees, the Wolt+ subscription (1 million+ subscribers), the Wolt Ads retail-media business (USD 1B+ annualized run-rate), B2B logistics via Wolt Drive, and merchant financing via Wolt Capital. Disclosed 2024 revenue reached USD 1.319 billion (DoorDash international segment), with the international segment achieving positive Adjusted EBITDA in 2023. Customer segments span individual consumers, SMB and enterprise merchants across restaurant/retail categories, courier partners, corporate buyers, and financial-services distribution partners.
Wolt firmographics
Firmographics- Name
- Wolt
- Legal name
- Wolt Oy
- Website
- https://wolt.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Wolt is a multi-vertical local commerce platform operating in 28 countries, connecting 40 million consumers with 150,000+ merchants and 450,000+ couriers for food, grocery, retail, and pharmacy delivery, generating revenue via commissions, Wolt+ subscriptions, advertising, and B2B logistics.
- Ownership category
- akta.pro rank
Wolt industry classification
Industry- Product category
- Online Food Delivery and Local Commerce Marketplace
- NAICS
- Freight Transportation Arrangement (488510), Warehousing and Storage (493)
- SIC
- Wholesale-Groceries & Related Products (5140)
- akta.pro primary industry
- Marketplace / Multi-Client Fulfillment Centers (TLALADAD)
- akta.pro secondary industries
- E-commerce & Omnichannel Fulfillment Centers (Non-Temp Controlled) (TLALAAAC), Point-of-Sale (POS) & On-Property Commerce (THALACAI), Intermodal & Multimodal Capacity Marketplaces (Rail/Ocean/Air) (TLAEAJAI), Warehousing & Distribution / Fulfillment Operations (BPAHAHAF)
Keywords
Where Wolt is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices31 records
Markets served
Wolt business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- Commission Fees (Marketplace): Wolt charges restaurants and merchants a commission fee (15-30%) for each order processed through the platform. This is the primary revenue stream.
- Wolt+ Subscription: Monthly subscription program offering unlimited deliveries with no delivery fees. Has reached 1 million subscribers who have saved over EUR 200 million collectively since launch in 2021.
- Wolt Ads: Advertising platform exceeding USD 1 billion annualized run-rate, enabling brands and merchants to reach customers through various ad formats. Includes programmatic advertising partnerships and offsite ad capabilities.
- Delivery Fees: Fees charged to consumers for delivery services, including delivery fees, service fees, and other surcharges.
- Wolt Capital: Merchant financing service providing funding for business growth, repaid via platform earnings.
- Wolt Drive (B2B Logistics): White-label logistics service enabling other businesses to use Wolt's delivery infrastructure for their orders.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Wolt+ subscription offering unlimited fee-free deliveries |
| Subscription | Monthly | Wolt+ monthly subscription in Israel |
| Transaction based/ take rate | Pay-as-you-go | Restaurant commission fees |
| Subscription | Monthly | Wolt+ with Deutsche Bank partnership |
| Subscription | Monthly | Wolt+ with Lunar partnership |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
Wolt product offering
Product offeringCore offering
Wolt operates a multi-vertical local commerce marketplace platform connecting consumers with restaurants, grocery stores, retailers, pharmacies, and other local merchants for on-demand delivery fulfilled by a network of independent courier partners. The consumer-facing mobile app and website enable ordering across food, groceries, retail, pharmacy, flowers, and other categories in 28 countries, with the platform monetizing via merchant commissions (15-30%), consumer delivery fees, Wolt+ subscriptions, advertising (Wolt Ads), B2B logistics (Wolt Drive), merchant financing (Wolt Capital), and corporate meal benefits (Wolt for Work, Wolt Benefits).
Product overview
Wolt is a multi-vertical local commerce platform operating across 28 countries, evolved from a restaurant food delivery app founded in Helsinki in 2014 into a comprehensive delivery ecosystem. The core Wolt App serves consumers with food, grocery, pharmacy, beauty, and electronics delivery, while merchant-facing tools include the Wolt Merchant App for order management and analytics, Wolt Drive (logistics API), Wolt Storefront (white-label ordering), and Wolt Capital (merchant financing). Consumer subscription is offered through Wolt+, and enterprise solutions through Wolt for Work and Wolt Benefits. The advertising arm Wolt Ads enables brands to reach high-intent audiences through in-app and programmatic channels. Operations are supported by proprietary technology including Converse (support tooling), demand forecasting, and workforce management via Legion, while Deliverect integration enables restaurant automation. Wolt operates its own dark store format (Wolt Market) alongside the marketplace model. The company joined DoorDash in 2021 and now operates as a subsidiary.
Differentiator
Problem solved
Functional benefit
Brands
- Wolt+: Subscription membership program offering zero delivery fees and access to exclusive discounts. Has grown to over 1 million subscribers.
- Wolt Market
- Wolt Drive
- Wolt for Work
- Wolt Ads
- Wolt Capital
- Wolt Storefront
- Wolt Benefits
Products and services
- Wolt App Consumer-facing mobile application (iOS and Android, rated 4.8 on App Store and 4.2 on Google Play) for ordering food, groceries, and retail items from local restaurants and stores across 28 countries with same-hour delivery.
- Wolt Drive White-label logistics and delivery API service enabling merchants and e-commerce partners to integrate Wolt's same-hour delivery capabilities into their own platforms.
- Wolt Market Wolt-owned-and-operated dark store format for quick grocery delivery, operating as a standalone grocery service within the Wolt ecosystem with dedicated picker and delivery operations, with EUR 1 billion+ annual grocery sales.
- Wolt+ Monthly subscription membership program offering zero delivery fees from restaurants and stores, with exclusive discounts; reached 1 million subscribers in 2024 (e.g., NIS 49/month in Israel), with EUR 200 million+ in cumulative savings.
- Wolt for Work Employer-subsidized meals and catering platform enabling companies to manage team food orders, corporate accounts, and employee meal benefits through integrated billing and invoicing.
- Wolt Ads Retail media advertising platform enabling brands and merchants to reach customers through in-app advertising, programmatic media buying via Koddi SSP integration, offsite campaigns (Magnite, Skai, StackAdapt), and electric vehicle outdoor advertising; exceeding USD 1 billion in annualized run-rate.
- Wolt Storefront White-label digital ordering solution enabling businesses to maintain full brand control while leveraging Wolt's backend infrastructure for payments, technology, and customer support, allowing customers to order directly from a business's own digital environment.
- Wolt Benefits Employee benefits platform combining lunch, sports, and culture benefits into a single system accessible through the Wolt application with real-time usage-based billing for employers, leveraging Wolt's network of over 5,000 restaurants and retail outlets.
- Wolt Capital Merchant financing service providing funding for merchant partners' business growth, repaid via platform earnings.
- Wolt Courier App Dedicated application for 450,000+ courier partners to receive delivery opportunities, navigate routes, manage earnings, and access Early Payouts (instant access to 50-70% of earnings in 9 countries, expanding to 18 in 2026).
- Wolt Merchant App Self-serve tools, reporting, insights, and analytics platform for 150,000+ merchant partners to manage orders and grow their online business.
Quantifiable outcome
- EUR 19 billion in total economic activity supported across markets
- +7 more outcomes
Companies that use Wolt
Customer profileNamed customers17 records
Segments6 records
Ideal customer profiles3 records
Wolt technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability10 records
Feature9 records
Wolt partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered minor and core.
- DeLeMa McCannminorOne of Cyprus's largest communications agencies engaged Wolt for creative content and social media management in Cyprus and Malta, as part of McCann Worldgroup network.
- KoddicorePartnership opening Wolt's in-app retail media inventory to programmatic buyers for the first time, launching first in Germany. Koddi's supply-side platform integrates directly into Wolt's existing auction and product architecture, enabling brands and agencies to access Wolt's commerce media through programmatic infrastructure.
- Deutsche Bank and Miles & MorecorePartnership offering Wolt+ membership benefits to Deutsche Bank customers and Miles & More credit card holders, initially launching in Germany. Lufthansa Miles & More Gold and Status Credit Card holders receive Wolt+ free of charge; Blue Credit Card holders receive six months free; all Deutsche Bank customers receive a three-month trial.
- DottcoreShared micromobility operator partnered with Wolt to integrate services across eight European markets, offering cross-platform incentives including 30 minutes of free Dott rides monthly for Wolt+ subscribers and a three-month free Wolt+ trial for new Dott users. Collaboration aims to drive user acquisition and deeper integration between mobility and delivery habits.
- EurobankminorEurobank expanded its €pistrofi rewards programme in collaboration with Wolt, enabling customers to earn cashback rewards through online orders and offering a six-month free Wolt+ subscription for Eurobank cardholders in Cyprus.
- LunarcoreNordic digital challenger bank partnership offering Wolt+ to premium subscription tiers across Denmark, Norway, and Sweden. Unlimited and Limitless plan customers receive permanent zero-fee deliveries; lower-tier customers get three to nine months of Wolt+ at no additional cost. Also extends to B2B customers with special packages for restaurant, retail, and courier partners.
- Legion TechnologiescoreWolt selected Legion Technologies to implement AI-powered workforce management suite across operations in 20 countries throughout EMEA. Solution covers labour budgeting, demand forecasting, automated scheduling, and strategic insights with full rollout targeted for 2026.
- DeliverectcoreGlobal food tech partnership expanding integration of Deliverect Dispatch with Wolt Drive, providing restaurants and retailers with automated order handling, real-time tracking, and access to broader network of delivery partners.
- MagnitecoreAd-tech partnership enabling brands and merchants to reach customers across social platforms, search engines, streaming services, and connected TV through Wolt's commerce media network.
- SkaicoreAd-tech partnership expanding digital and offline advertising capabilities, enabling programmatic access to Wolt's high-intent audiences.
- StackAdaptcoreAd-tech partnership expanding Wolt's offsite ad capabilities, linking offsite ad interactions directly to in-app purchases.
- The Better Cities CompanyminorPartnership to launch Electric Vehicle Advertising using a fleet of urban EVs as a scalable, sustainable out-of-home advertising platform for brands.
- Deliver-E Coalition (UNEP)coreWolt joined Deliver-E coalition launched by UN Environment Programme to promote zero-emission delivery vehicles worldwide. Coalition focuses on expanding electric-powered last-mile logistics and addressing barriers including charging access and vehicle financing.
- EIT FoodminorStrategic partnership to advance sustainable food systems across Europe, focusing on reducing food waste through sustainable packaging initiatives.
- European Federation of Food Banks (FEBA)minorPartnership to strengthen food assistance systems addressing food insecurity affecting nearly 38 million people in the EU, including virtual food bank concepts and emergency preparedness initiatives.
- BIPAcoreAustrian drugstore retailer partnered with Wolt to launch instant delivery of over 10,000 products via the Wolt app from 20 BIPA stores across seven cities (Vienna, Linz, Leonding, Salzburg, Graz, Klagenfurt, and Villach) with average delivery time of 35 minutes.
- Tazz (eMAG Group)coreWolt planning to acquire Tazz, a local commerce platform in Romania, from eMAG. Deal aims to leverage Tazz's market knowledge to expand Wolt's presence and services in Romania, pending regulatory approval.
Scale indicators16 records
Recent moves6 records
Expansion highlights8 records
Wolt competitors and assessment
Company assessmentDirect peers
- Deliveroo: Deliveroo is a UK-based food delivery marketplace operating across Europe and the Middle East, now owned by DoorDash following its £2.9B acquisition. It is the closest direct peer to Wolt in terms of geography, customer base, and restaurant-partner commission model, and is being integrated into the same DoorDash tech stack as Wolt.
- Bolt (Bolt Food): Bolt is an Estonian-founded mobility and delivery super-app whose Bolt Food vertical directly competes with Wolt in Northern Europe, the Baltics, Eastern Europe, and Africa. Bolt operates a similar courier model and has been subject to the same regulatory scrutiny on third-country couriers as Wolt in Latvia.
- Uber Eats: Uber Eats is the food delivery arm of Uber, operating a three-sided marketplace with restaurants, couriers, and consumers globally including Europe. It directly competes with Wolt in many of Wolt's 28 countries with a similar take-rate, subscription (Uber One), and advertising model.
- Just Eat Takeaway: Just Eat Takeaway.com is one of the largest food delivery marketplaces in Europe, with strong positions in the UK, Germany, Netherlands, and the Nordics. It competes head-to-head with Wolt on restaurant commissions, consumer delivery fees, and courier networks, and represents the most entrenched European incumbent in the category.
- Glovo: Glovo is a Barcelona-based multi-vertical delivery marketplace owned by Delivery Hero, operating across Southern and Eastern Europe, the Balkans, and parts of CEE and Africa. It overlaps with Wolt in many markets and offers an analogous courier-based marketplace for restaurants, groceries, and retail.
- Grab: Grab is Southeast Asia's leading super-app, combining ride-hailing with food delivery (GrabFood) and merchant services. While geographically distinct, it operates the same three-sided marketplace model as Wolt and competes on similar multi-vertical expansion (food, groceries, parcels) and digital advertising.
Emerging players
- Rappi: Rappi is a Latin American multi-vertical delivery super-app operating across Mexico, Brazil, Colombia, Argentina, and other LATAM markets. It uses a comparable three-sided marketplace model with restaurants, couriers, and consumers, and competes in adjacent verticals (groceries, fintech, courier services) similar to Wolt's Wolt Market and Wolt Capital.
Broad incumbents
- Meituan: Meituan is China's dominant local commerce platform, combining food delivery, in-store dining, hotel and travel booking, and grocery retail. It is the global benchmark for multi-vertical marketplace economics and represents the longer-term aspirational scope for Wolt's category expansion strategy.
- DoorDash: DoorDash is Wolt's parent company and the largest food delivery platform in the US. While Wolt is the international arm under the DoorDash umbrella, DoorDash operates a directly comparable three-sided marketplace (consumers, merchants, couriers) in North America with the same commission-based and ad-supported model.
- Delivery Hero: Delivery Hero is the parent company of multiple regional food and quick-commerce brands (Glovo, Foodora, foodpanda, Talabat). It is a broad incumbent in the same marketplace delivery space as Wolt, with overlapping geographic footprints through its portfolio companies and similar unit economics challenges.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Wolt social profiles
Digital presenceWolt compliance and trust
Trust signalCompliance3 records
Wolt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wolt leadership team
Management profileNumber of profiles
Profiles15 records
Wolt subsidiaries and ownership
Company hierarchySubsidiaries13 records
Wolt funding detail
Funding detailFunding overview
Funding rounds9 records
Investors17 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wolt M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wolt
What does Wolt do?
Wolt operates a multi-vertical local commerce marketplace platform connecting consumers with restaurants, grocery stores, retailers, pharmacies, and other local merchants for on-demand delivery fulfilled by a network of independent courier partners. The consumer-facing mobile app and website enable ordering across food, groceries, retail, pharmacy, flowers, and other categories in 28 countries, with the platform monetizing via merchant commissions (15-30%), consumer delivery fees, Wolt+ subscriptions, advertising (Wolt Ads), B2B logistics (Wolt Drive), merchant financing (Wolt Capital), and corporate meal benefits (Wolt for Work, Wolt Benefits).
Is Wolt a public or private company?
Wolt is a private company. It is classified as corporate owned and is currently operating.
When was Wolt founded?
Wolt was founded in 2014. It employs 5,001 to 10,000 people.
Where is Wolt based?
Wolt is headquartered in Helsinki, Finland, in the Europe region.
How does Wolt make money?
Six revenue lines are on record. Commission Fees (Marketplace) is the primary driver. The others are wolt+ Subscription, wolt Ads, delivery Fees, wolt Capital and wolt Drive (B2B Logistics).
Who are Wolt's main competitors?
Direct peers on record are Deliveroo, Bolt (Bolt Food), Uber Eats, Just Eat Takeaway, Glovo and Grab. Rappi is listed as an emerging player. Broad incumbents are Meituan, DoorDash and Delivery Hero.
Does Wolt have an API?
Yes. Wolt offers a developer portal at developer.wolt.com for building on top of the Wolt platform. The platform supports integrations including Wolt Drive for logistics capabilities, Wolt Drive API for eCommerce integrations, and white-label digital ordering solutions. Developer documentation is at developer.wolt.com.
What industry is Wolt in?
Wolt's product category is Online Food Delivery and Local Commerce Marketplace. Its primary akta.pro industry code is TLALADAD, Marketplace / Multi-Client Fulfillment Centers, with a secondary code of TLALAAAC, E-commerce & Omnichannel Fulfillment Centers (Non-Temp Controlled). Its NAICS code is 488510 and its SIC code is 5140.