DoorDash to Acquire Wolt for $8 Billion
Consolidation continues in the delivery sector. DoorDash announced it has agreed to acquire Wolt (pronounced “volt”), a Helsinki-based delivery firm in an all-stock transaction that values the company at approximately $8.1 billion. If the proposed merger goes through,...
Reef’s Chief Creative Officer on Riding the Hyper-Growth Wave
As it grows in leaps in bounds via mega-partnerships, Reef wants the restaurant industry to imagine a future beyond the next quarterly earnings report. Inside its crystal ball, Reef sees you watching a cooking show where the chef is making an Italian feast, which...
Gorillas Raises “Close to” $1 Billion, Led by Delivery Hero
Gorillas, the German delivery startup promising groceries in ten minutes or less, announced it closed its Series C funding round on Tuesday. The company raised “close to” $1 billion at a valuation of $2.1 billion. The news comes just seven months after the company...
SevenRooms Links Up with Olo, Hints at Deeper Ties
It’s getting crowded in the restaurant tech landscape, especially among companies focused on customer loyalty and relationship management. Joel Montaniel, CEO and co-founder of SevenRooms, expects investor-driven M&A in the near future and more partnerships like...
Exclusive: Two CEOs on the Kitchen United-Zuul Acquisition
Kitchen United has acquired Zuul, the New York-based ghost kitchen and technology provider to bolster its batched-ordering support and establish a beachhead in the largest delivery market in the United States. The deal is Kitchen United’s first acquisition and,...
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.
