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As Delivery Matches Rides, Uber Posts $968M Quarterly Loss

As Delivery Matches Rides, Uber Posts $968M Quarterly Loss

by Tom Kaiser | Feb 18, 2021 | Finance, News, Third-Party Delivery

Two weeks after moving to buy Drizly, Uber announced its fourth-quarter financial results, which also included full-year results for 2020. The prime highlights are year-over-year delivery bookings up nearly 130 percent as food delivery has pulled even with its...
Restaurant Vets Launch OrderB4 Ghost, Virtual Kitchen Management

Restaurant Vets Launch OrderB4 Ghost, Virtual Kitchen Management

by Tom Kaiser | Feb 12, 2021 | News, Third-Party Delivery

Rapid-fire growth of ghost kitchens and virtual restaurants is setting off yet another land rush in the off-premises restaurant space as developers rush to create seamless software for operators managing multiple delivery-only concepts. As the very definition of a...
For Virtual Hopefuls, More Options Pop Up

For Virtual Hopefuls, More Options Pop Up

by Nicholas Upton | Feb 11, 2021 | Best Practices, News

The industry can add two more novel virtual restaurant companies to the list. The first, a revenue-sharing model, Trivr Eats. The second is the first legally defined virtual restaurant franchise: Local Culinary. Both emphasize speed to market and a focus on...
Grubhub Announces Full Year 2020 Earnings

Grubhub Announces Full Year 2020 Earnings

by Nicholas Upton | Feb 11, 2021 | Finance, News, Third-Party Delivery

Grubhub announced fourth quarter and full-year earnings in potentially its last full year report before merging with Just Eat Takeaway.com. The earnings from the Chicago-based company were somewhat mixed. Grubhub’s overall revenue was up significantly, in line with...
Food Dudes Finds Delivery Volume in the Smallest Towns

Food Dudes Finds Delivery Volume in the Smallest Towns

by Tom Kaiser | Feb 11, 2021 | News, Third-Party Delivery

Based in a mid-size city in central Minnesota, Food Dudes is a restaurant delivery service that’s finding success in cities and towns that are much smaller than any burg served by the biggest players in the industry. With a lean team and a remote headquarters team,...
DoorDash Grabs Majority of Surging Convenience Market

DoorDash Grabs Majority of Surging Convenience Market

by Tom Kaiser | Feb 11, 2021 | News, Third-Party Delivery

DoorDash is leading the online convenience category by a country mile, according to new transaction data analyzed by Edison Trends. After 2020, in which consumer spending at online C-stores grew by 346 percent, DoorDash ended last month with 58 percent share over...
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