Virtual Kitchen Investments in U.S. Near $600 Million
It might not seem like a lot amid the billions invested in the grander food-on-demand space, but $545,900,000 in cumulative investment for essentially blank kitchen spaces is incredible and shows that investors are as hungry as ever to get a piece of the evolving...
Takeaway.com Acquires Just Eat to form Largest U.K. Delivery Firm
In a potential hint at what the U.S. delivery market might look like in a couple years, Takeaway has acquired Just Eat for $7.8 billion in an all-stock deal. Amsterdam-based Takeaway.com is at the final step before integrating operations with the U.K. operator. As of...
Grubhub Reports Mixed Fourth Quarter Results
Grubhub announced fourth-quarter results, and ultimately delivered a mixed bag, missing analyst estimates for earnings, but growing revenue slightly faster than expected. Revenues came in at $341 million, a 19 percent year-over-year increase from $288 in the fourth...
Grubhub Unveils ‘Ultimate’ POS Hardware
Grubhub is making a move into hardware, and it’s well beyond another tablet. The company unveiled a new point of sale (POS) system dubbed Ultimate in an attempt to help restaurants become more sophisticated around takeout. It will also help ease some headaches with...
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.