Ghost Financial Inks $100M Deal with Cruising Kitchens
Ghost Financial, a financing provider for ghost kitchens and other restaurant ventures, announced it will be the exclusive financial partner for Cruising Kitchens, a mobile ghost kitchen builder and food truck fabricator based in Texas. After completing a $2.5...
Gopuff Sales Jump Ahead of Possible IPO
According to new consumer spending data from Bloomberg Second Measure, Gopuff is seeing strong U.S. sales growth that the research firm said corresponds with an expanding customer base and increased spending per customer. Going back to the company’s founding in...
EU Antitrust Regulators Raid Delivery Hero, Glovo
Germany-based Delivery Hero and Spanish majority-owned subsidiary Glovo are under investigation for potential anti-competitive practices by European Union regulators. The European Commission announced that both companies were the target of “unannounced inspections”...
Grubhub, Brinker Announce 2,500-Location Partnership
Brinker, the parent of Chili’s, Maggiano’s Little Italy and the virtual brands It’s Just Wings and Maggiano’s Italian Classics inked a new deal to plug into the Grubhub delivery network. Under a deal announced on June 27th, Grubhub will soon count 2,500 Brinker...
Sharebite Raises Additional $39M in Series B
While downtown office districts aren’t back to pre-pandemic norms, don’t tell that to Sharebite, the corporate food ordering platform that notched another huge fundraising round, this time raising $39 million through a Series B. Citing a daily order volume increase 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.