by Nicholas Upton | Feb 13, 2020 | Finance, Top Stories
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...
by Nicholas Upton | Feb 6, 2020 | Finance, News
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...
by Nicholas Upton | Feb 5, 2020 | Finance, Top Stories
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...
by Nicholas Upton | Jan 30, 2020 | News, Third-Party Delivery, Top Stories
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...
by Nicholas Upton | Jan 30, 2020 | Briefs, News
If you love cocktails, but don’t like to get drunk or go outside, there’s a new multi-million-dollar startup looking to plug you into a low-alcohol cocktail membership. With the promise of reviving “aperitif culture,” Haus secured $4.5 million in seed funding from a...