Grubhub Announces Record Third Quarter, Stock Tanks
Grubhub, the first public company in the third-party delivery space, announced its third-quarter earnings today. The company announced earnings of 45 cents per share, beating consensus from Wall Street of 41 cents per share, a 10 percent beat. Topline revenues rose by...
BVLOS Drone Test a Step Toward ‘Railway in the Sky’
The holy grail of drone delivery has always been fully automated or Beyond Visual Line of Sight (BVLOS) operations where a restaurant, a retailer or even a medical practitioner can load a delivery drone without a pilot. While the technology is largely ready for BVLOS...
POS Provider Qu Aims for ‘Uber Like’ Self Delivery
There is a lot of attention on the point of sale when it comes to food delivery. Numerous aggregators are playing in the space and some point of sale (POS) companies are figuring out integrations of their own as well. The POS provider Qu, formerly known as Gusto, has...
Danny Meyer Fund Leads Goldbelly Series B
More money keeps flowing into the delivery space, this time Goldbelly grabbed the attention of restaurateur Danny Meyer and his young fund Enlightened Hospitality Investments. Goldbelly was founded in 2012 in New York with the purpose of getting “legendary foods” to...
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.