Uber Narrows Loss on 28% Delivery Revenue Surge
After losing $968 million last quarter, Uber delivered improved first quarter earnings with a net loss of $108 million that was, as CNBC put it, a “tremendous improvement” from the fourth quarter of 2020 with delivery revenue up 28 percent over the Q4 2020 and 230...
Square Adds Alcohol Delivery Through DoorDash
Square is joining the booze-delivery craze with a new feature that gives its sellers the ability to offer commission-free, on-demand alcohol delivery. This new offering is aimed at restaurants, retailers, bars, breweries, liquor stores, convenience stores and other...
Olo Beats Expectations in First Earnings Report
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...
Wow Bao’s Virtual ‘Moonshot:’ 1,000 Outlets This Year
One of the most intriguing aspects of virtual restaurants is the ability to scale at a pace unseen outside of Silicon Valley. MrBeast Burgers went from 0 to 400 nearly overnight and, now, Wow Bao is looking to grow even faster through virtual channels. Geoff...
With Catering Kaput, Alchemista Makes a Big Pivot
Back in 2019, things were going really well at Boston-based corporate catering provider Alchemista. Founder and CEO Christine Marcus was partnering with restaurants to bring great food to catering clients and had just invested in a robust culinary team to handle...
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.