The sole public order integration and logistics company, Olo, announced substantial growth in its latest earnings and a deeper partnership with delivery platform Grubhub. Overall, the company (NYSE: OLO) beat analyst estimates on earnings and revenue in the second quarter, which the company announced on August 10. Total revenue was up 48 percent compared to the second quarter last year, landing at $35.9 million. Gross profit was near there at $28.5 million, up 42 percent. Operating income, however, dipped 7 percent to a loss of $2.4 million. In all, earnings […]
Read MoreDoorDash has unveiled DoubleDash, new functionality that allows customers to order from multiple restaurants or retailers in a single order.
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Read MoreKitchen United has partnered with Kroger to provide meal pickup and delivery from up to six restaurant brands inside select grocery store locations
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Read MoreNew York City Council passed a raft of bills last week that would significantly alter the relationship between NYC restaurants and third-party delivery services.
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