Investors celebrated as DoorDash released its first quarter 2021 financial results showing the leader in the U.S. delivery scene nearly tripled its quarterly revenue to $1.08 billion.
Countless states and cities loosened laws to allow delivery of alcohol during the pandemic’s early days, and now many of those bodies are making those changes permanent.
Pepsi is getting into the virtual restaurant scene with Pep’s Place, its first virtual restaurant brand that’s part of an initiative highlighting how beverages can become a larger part of the restaurant delivery experience.
Round Table Pizza has been slinging pizza since 1959 with delivery part of the concept for decades. Now, for the first time, a franchisee is operating with no storefront out of a shared-kitchen facility.
Cartwheel, an on-demand delivery management platform for restaurants and retailers, raised a $1 million seed round led by TenOneTen Ventures with participation from Act One Ventures and Portillo’s Hot Dogs.
Amazon has expanded its unique In-Garage Grocery Delivery service to the 5,000 cities where its existing grocery delivery service is already available.
Grubhub is giving small, independent restaurants the same kind of technology that’s long been available to big-name restaurants through its new, self-service Grubhub Direct platform.
After losing $968 million last quarter, Uber delivered improved first quarter earnings with a net loss of $108 million that was a “tremendous improvement” from the fourth quarter of 2020.
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.
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 percent year-over-year to $36.1 million. Gross profit was up 150 percent, suggesting the company did things more efficiently as it scaled up. Overall, earnings per share came in at 3-cents, well ahead of the 1-cent expected by analysts. As for the final tally on the IPO, the company […]
