by Tom Kaiser | Jan 6, 2022 | News, Research, Third-Party Delivery
Restaurant meal delivery in the U.S. hit a key milestone before the holidays, as 50 percent of American consumers have now ordered from one of the major meal delivery services, up from 44 percent a year ago, according to the latest figures from Bloomberg Second...
by Tom Kaiser | Jan 6, 2022 | Briefs, News, Top Stories
Reef is kicking 2022 off with a bang, announcing a joint venture with Americana Group, the largest food and beverage operator in the Middle East. Together, the two companies will open new ghost kitchen facilities in the Middle East and North Africa regions that...
by Tom Kaiser | Jan 6, 2022 | Briefs, News
White Rhino, a Beijing-based autonomous delivery vehicle manufacturer, has raised nearly $8 million through a recent Series A funding round. It’s the company’s second million-dollar funding round in the last six months. Like Nuro, which is now valued at $8.6 billion,...
by Tom Kaiser | Jan 6, 2022 | Briefs, News
General Motors was one of many automakers using this year’s Consumer Electronics Show to debut new electric vehicles. On the delivery side, GM’s BrightDrop last-mile delivery division showed off its fleet of electric delivery vans, and announced huge reservations from...
by Arthur Robert | Dec 30, 2021 | News, Third-Party Delivery
You may remember promises of imminent self-driving from the mid-2010s when futurists claimed fleets of robotaxis would soon fill the streets and urban planners got high on the idea of tearing down parking garages. We now know this future isn’t right around the corner,...
by Tom Kaiser | Dec 29, 2021 | Briefs, Finance, News, Third-Party Delivery
Moody’s Investors Services, the highly visible bond credit rating business, downgraded its outlook for Grubhub while maintaining a stable outlook for the third-largest U.S. restaurant delivery provider. The ratings firm cited erosion in Grubhub’s liquidity, sustained...