Uber to Takeover Delivery Hero for $14.8 Billion in Largest Acquisition Yet
Uber Technologies entered an agreement to acquire Delivery Hero at a value of $14.8 billion last week in a deal that unites two of the largest players in the global third-party delivery scene while bringing Uber’s mobility and delivery services to 99 total countries....
Agentic Discovery Inspires Review Generator from Marqii, Thanx
With the rise of agentic ordering and AI discovery comes increased value of restaurant reviews, a common source of information for chatbots asked about foodservice operations. That trend inspired Marqii Review Generation, a tool announced July 21 from...
Off-Prem Alcohol Picks Up Steam as Consumer Drinking Slows
U.S. alcohol sales at restaurants are undergoing a flood of converging trends. Americans are drinking less than ever, but alcohol-fueled operations like pubs and bars are expected to see a compound annual growth rate of nearly 7 percent through 2033. Meanwhile,...
Meal Costs Continue to Rise as Consumer Prices Drop
The U.S. Bureau of Labor Statistics reported that June saw the largest decrease in prices for urban consumers since April 2020, but restaurant prices strayed from that trend and continued to rise. The BLS’s July 14 report noted a 0.4 percent decrease in the consumer...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.