by Nicholas Upton | Aug 20, 2020 | Finance, Top Stories
Ridesharing and food-delivery giant Uber had a rough quarter as ridesharing was essentially hollowed out, but food delivery served as a bright spot in the company’s second-quarter results. Uber depends on travel and commuting, and looking around the COVID-era world,...
by Beth Ewen | Aug 10, 2020 | News, Top Stories
Bastian Lehmann, CEO and co-founder of Postmates, was man of the hour as his keynote address kicked off the third annual Food on Demand Conference today, for the first time in all-virtual format. That’s because Uber is set to buy Postmates, which is a distant...
by Nicholas Upton | Aug 5, 2020 | Finance, News, Top Stories
Grubhub (NYSE: GRUB) reported strong second-quarter results and gave a few updates on the Just Eat Takeaway.com (JET) transaction. The company released the results without an earnings call as the company has chosen not to hold calls until the close of the JET...
by Tom Kaiser | Jul 30, 2020 | Third-Party Delivery, Top Stories
Now that meal delivery has expanded far beyond the urban markets that fueled the industry’s growth the last decade, some delivery providers are differentiating themselves with a more selective roster of restaurants. First came Slice, which focuses exclusively on pizza...
by Nicholas Upton | Jul 23, 2020 | Finance, Top Stories
When Waitr (NASDAQ: WTRH) pre-announced its second quarter results, it looked like a starkly different company than it did at the beginning of 2020. But it wasn’t the new popularity of delivery during the COVID-19 pandemic that got the company back on track, it was...
by Tom Kaiser | Jul 15, 2020 | News, Top Stories
While we’re hopefully past the worst of the pandemic shortages and hoarding, FreshRealm is betting restaurants still have a lot to gain by packaging cook-at-home meals that can either be sold individually or as an up-sell for customers already dropping by to pick up...