Marc Lore

CEO & Founder, Wonder

Search every verified Marc Lore interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Marc Lore, founder and CEO of Wonder, discussed the company's progress and the broader food delivery market in a July 2022 interview. He stated that the food industry is "ripe for disruption," citing consumer dissatisfaction with issues like soggy food and high fees. Lore reported that Wonder, valued at $3.5 billion, was testing in New Jersey, with early metrics showing a repeat rate of nearly 75% within 60 days and an average order value in the $70 range. He noted that household penetration in the initial town of Westfield had exceeded 70%, and the company was expanding to Bergen County and Westchester County. Lore has also shared his views on the future of e-commerce and retail. He argued that the current model of searching for products on a website is not the future, predicting a shift toward more personalized, conversational commerce using artificial intelligence and text or voice ordering. In a 2021 podcast, he suggested that a niche technology involving AI, such as fit analytics for online clothing purchases, could be a viable area for a startup to build a company that a larger firm like Amazon or Walmart might acquire.