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Spain’s Glovo Looks to Speed Up Delivery Commerce

Spain’s Glovo Looks to Speed Up Delivery Commerce

by Nicholas Upton | Dec 2, 2020 | Best Practices, News

Glovo stands out as a fairly unique approach to third-party delivery that combines a lot of unique operations from dark kitchens and warehouses to tightly packed pickup centers. At first blush, the company that operates in 22 countries looks a lot like a standard...
DoorDash Shareholders Could See 816% Return from IPO

DoorDash Shareholders Could See 816% Return from IPO

by Nicholas Upton | Dec 2, 2020 | Finance, News, Third-Party Delivery

The expected DoorDash IPO is set for December 8, when the company hits the public markets. It filed a detailed prospectus (S-1) in mid-November (which you can read all about here). In short, the company reported $1.9 billion in revenue and a loss of $149 million in...
Peak Virtual Restaurants? Not Even Close

Peak Virtual Restaurants? Not Even Close

by Nicholas Upton | Nov 23, 2020 | Best Practices, News, Third-Party Delivery

With the explosion of virtual operations in response to the pandemic, it bears asking: what is peak virtual restaurant? According to panelists in a session of the Restaurant Finance Monitor’s Restaurant Finance Week, we aren’t even close. The panel, titled...
Your Fare Expands Capabilities with Two Acquisitions

Your Fare Expands Capabilities with Two Acquisitions

by Nicholas Upton | Nov 23, 2020 | Finance, News

Your Fare continues a busy year with two transformational acquisitions. The Austin-based order integration and logistics company acquired Pronto, an online ordering solution for restaurants. The acquisition comes on the tails of Your Fare purchasing Beyond4, a SMS and...
Chipotle’s First Digital Kitchen One of Many to Come

Chipotle’s First Digital Kitchen One of Many to Come

by Nicholas Upton | Nov 19, 2020 | Best Practices, News, Top Stories

When Chipotle’s first digital-only restaurant opened last week in Highland Falls, New York, it became the first of what will certainly be many. In a lot of ways, the restaurant is the culmination of a huge amount of work to reformat the restaurant with a focus...
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