by Nicholas Upton | Sep 8, 2021 | Automation, Finance, News, Scoreboard
Uber is set to sell its ownership stake in a handful of joint ventures with Russian Internet giant Yandex. According to a release from Yandex, Uber’s board approved the sale of shares in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. Uber is set to sell...
by Nicholas Upton | Sep 2, 2021 | Finance, News
Toast, the unicorn point of sale provider, has filed to go public. According to SEC documents, the company has grown to just short 48,000 restaurant partners and saw $23.4 billion flow through its system in the six months ending with June, 30 2021. That puts the...
by Nicholas Upton | Aug 19, 2021 | Finance, News
WoodSpoon announced another fundraise of $14 million with some interesting investors in the mix. The platform, on which home chefs can sell their food for delivery, just announced its latest raise and teased further expansion of the community-centric, two-sided...
by Nicholas Upton | Aug 12, 2021 | Finance, News
The sole public order integration and logistics company, Olo, announced substantial growth in its latest earnings and a deeper partnership with delivery platform Grubhub. Overall, the company (NYSE: OLO) beat analyst estimates on earnings and revenue in the second...
by Tom Kaiser | Aug 12, 2021 | Finance, News, Top Stories
Whether it’s headlines, grocery store receipts or your bank account, it’s hard to avoid noticing inflation in the United States has increased, reaching a 13-year-high in July. Personal experience has shown that includes meal delivery, too, as third-party providers...
by Nicholas Upton | Aug 4, 2021 | Finance, News
Hospitality tech upstart Bbot grabbed another $15 million from investors, reaching more than $22 million raised so far. With this latest tranche, the company said it will “focus on features for food halls and virtual brands,” according to the release announcing the...