by Nicholas Upton | Oct 8, 2018 | Briefs, Finance
Just how excited are investors about the ghost kitchen industry? Well, according to Kitchen United CEO Jim Collins, they are pretty eager. “I think we opened and closed the round in about two days,” said Collins. The outcome of that fervent desire for ghost kitchens...
by Nicholas Upton | Sep 18, 2018 | News, Scoreboard, Third-Party Delivery, Top Stories
Postmates is the name of the week when it comes to investments. The third-party delivery provider announced a $300 million investment form Tiger Capital today. According to a press release, the new funds will go toward growth and investments in efficiency. With this...
by Nicholas Upton | Sep 13, 2018 | News, Third-Party Delivery, Top Stories
The fast-growing Middle Eastern concept Naf Naf Grill has been putting a lot of work into its delivery infrastructure and is now open for business. The 39-location restaurant chain with a heavy concentration in and around Chicago, Minneapolis and Philadelphia has been...
by Nicholas Upton | Aug 10, 2018 | News, Research, Top Stories
An Indianapolis food-delivery startup called ClusterTruck is tweaking the food-delivery model and taking aim at some of the foundational issues within the space. Essentially, ClusterTruck is a collection of different menus or “virtual food trucks” that are all cooked...
by Nicholas Upton | Aug 9, 2018 | Finance, Third-Party Delivery
During a very rosy earnings call, Grubhub announced it would acquire LevelUp for $390 million. The loyalty, marketing and mobile payment company provides Grubhub with a lot of loyalty, CRM and marketing benefits. But at the core of the acquisition was LevelUp’s point...