by Tom Kaiser | Nov 7, 2019 | Finance, Third-Party Delivery
A new week has brought yet another major financial blow to the third-party delivery landscape with Uber posting a $1.2 billion loss during the third quarter on the heels of the mobility giant’s epic $5.2 billion loss during the second quarter. Its stock price fell...
by Tom Kaiser | Nov 7, 2019 | Briefs, News
Minneapolis’ StarTribune newspaper reports that Louisiana-based Waitr Holdings laid off the majority of employees at Bite Squad’s downtown Minneapolis headquarters. Waitr acquired Bite Squad in late 2018 for $321 million. The move is the latest shakeup for Waitr,...
by Tom Kaiser | Oct 31, 2019 | Finance, Top Stories
Grubhub CEO Matt Maloney and President Adam DeWitt were clear the company’s third-quarter financial results were a disappointment—putting it lightly—but the execs of the one-time top U.S. delivery brand kept returning to the mantra that nobody should focus too much on...
by Tom Kaiser | Oct 31, 2019 | News, Third-Party Delivery
To shine more light on its recently introduced pickup feature where customers pre-order meals that they collect at the restaurant or then eat inside the dining room, Uber Eats has launched Pickup Guides Powered by Jump, a discount to allow its Jump-branded e-bike...
by Tom Kaiser | Oct 31, 2019 | News
Previously a $15/month fee, Amazon Fresh has now been recast as a free benefit for the e-commerce giant’s Prime subscription members, meaning even more U.S. consumers now have access to one- and two-hour grocery delivery in more than 2,000 cities and towns. “Grocery...