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Porter's five forces for Grab Food delivery app with Deliveroo, Food Panda, and Honestbee as the competitors. Explain why the level of competition is high;

Porter's five forces for Grab Food delivery app with Deliveroo, Food Panda, and Honestbee as the competitors. Explain why the level of competition is high; threat of new entrants is low; bargaining power of suppliers is moderate; threat of substitutes is high; and bargaining power of buyers is low.

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