by Tom Kaiser | Sep 13, 2019 | Finance, Research, Scoreboard
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...
by Nicholas Upton | Aug 29, 2019 | Finance, Third-Party Delivery
A couple weeks after acquiring Caviar, DoorDash made another acquisition. This time the fast-growth delivery company acquired automation and remote-driving startup, Scotty Labs. Don’t fret if the company’s name doesn’t ring a bell. The young startup was founded in...
by Tom Kaiser | Aug 22, 2019 | Automation, Finance, News, Top Stories
There are a lot of players in the fast-growing delivery software integrator space, and almost all of them are growing quickly. California-based Omnivore is sprinting in lockstep, having tripled the size of the company in the last 12 months. It is forecasting another...
by John Hamburger | Aug 15, 2019 | Finance, News, Scoreboard, Top Stories
Waitr, a Louisiana-based third-party delivery provider that focuses on smaller markets, has struggled mightily since acquiring Minnesota-based Bite Squad in January. In the seven months since that deal was big news in the delivery space, Waitr’s share price has...
by Nicholas Upton | Aug 15, 2019 | Finance, News, Third-Party Delivery
Postmates is set to join Uber, Grubhub and Waitr in the public markets. According to TechCrunch, the company will file its S-1, the key document to register securities on the public markets next month. Available details are sparse, but the company has partnered with...
by Tom Kaiser | Aug 8, 2019 | Finance, News, Top Stories
Ordermark, a delivery management developer, received another multi-million investment through an $18 million Series B that will be used to help the California-based firm accelerate its growth while laying the groundwork for new products, integrations and features for...