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...
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...
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...
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...
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,...
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...