Cowen Downgrades Grub on “Narrative Problem,” Recommends Buying Waitr
Cowen, a New York analyst firm that closely follows Grubhub, slightly downgraded its price target for the Chicago-based delivery giant. Following the company’s revised 2019 guidance, the firm lowered its price target from $91 to $86, affirming that it still expects...
Big Restaurants Seeing Delivery as a Pillar, not a Hurdle
Publicly traded restaurants like McDonald’s, Wendy’s and Wingstop are just a few of the mega brands that were early adopters of delivery. Others, like Chipotle, Starbucks and the Yum Brands trio of Taco Bell, KFC and Pizza Hut were later adopters. As part of its...
From Pot to DoorDash, Delivery Dudes CEO Gets Real
There is only one delivery dude in this industry, and he’s the CEO and founder of the namesake Delivery Dudes, a Florida-based regional restaurant delivery surface that claims to be on the verge of profitability as it explores bringing CBD (a derivative of cannabis)...
DoorDash Cruises into Australia
DoorDash has announced its official launch in Melbourne, Australia, through a post on the company’s blog. It’s the largest U.S.-based delivery brand’s first expansion outside of North America. In preparation for the launch, DoorDash has already added thousands of...
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.