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DoorDash Neary Triples Revenue, Narrows Q1 Loss

DoorDash Neary Triples Revenue, Narrows Q1 Loss

by Tom Kaiser | May 20, 2021 | COVID-19, Finance, News, Third-Party Delivery, Top Stories

Investors celebrated as DoorDash released its first quarter 2021 financial results showing the leader in the U.S. delivery scene nearly tripled its quarterly revenue to $1.08 billion, increased its gross order volume to $9.9 billion and saw average order rates that...
Olo Beats Expectations in First Earnings Report

Olo Beats Expectations in First Earnings Report

by Nicholas Upton | May 12, 2021 | Finance, News, Third-Party Delivery

Olo continued its post-IPO victory lap after posting its first quarterly earnings results as a public company. The delivery integration and logistics company for enterprise restaurants had a lot of great highlights from the first quarter of 2021. Revenues were up 125...
ChowNow Sees No Delivery Slowdown, Few Closures

ChowNow Sees No Delivery Slowdown, Few Closures

by Nicholas Upton | Apr 22, 2021 | Finance, News

Even as the vaccine rolls out, warmer weather returns and pandemic-fatigued consumers seek to dine out however they can, the volume of delivery orders remains high. That’s according to ChowNow CEO and co-founder, Chris Webb. The leader of the online...
Slice Closes $40M Investment to Keep Growing

Slice Closes $40M Investment to Keep Growing

by Tom Kaiser | Apr 15, 2021 | Finance, News, Third-Party Delivery

Slice is on the receiving end of a big block of mozzarella as two former Twitter execs joined the Cross Creek investment firm on a $40 million Series D funding round to help the New York-based pizza-focused delivery service kick off its latest round of growth. Cross...
Chipotle Invests In Autonomous Delivery Company Nuro

Chipotle Invests In Autonomous Delivery Company Nuro

by Nicholas Upton | Apr 1, 2021 | Finance, News

Chipotle has invested in Nuro, a California-based autonomous vehicle manufacturer that’s been making news ever since its founding in 2016. Known for delivery vehicles that are similar to Smart cars, it has tested deliveries with Domino’s, grocery stores and others,...
Olo Beats Expectations in First Earnings Report

Olo IPO Validates Company’s Role in Digital Transformation

by Nicholas Upton | Mar 18, 2021 | Finance, News, Top Stories

Olo, the multifaceted ordering and logistics platform for enterprise restaurants, reached a new milestone on the floor of the New York Stock Exchange. The company went public with an 18 million-share offering. The stock began trading at $32, a more than 20-percent...
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