by Arthur Robert | Jan 6, 2022 | News
Popular social media company TikTok found a new way to monetize viral content on its platform: virtual restaurants. The company is partnering with Virtual Dining Concepts to launch 300 “TikTok Kitchen” by March 2022, with plans to open 1,000 locations by the end of...
by Tom Kaiser | Jan 6, 2022 | News, Research, Third-Party Delivery
Restaurant meal delivery in the U.S. hit a key milestone before the holidays, as 50 percent of American consumers have now ordered from one of the major meal delivery services, up from 44 percent a year ago, according to the latest figures from Bloomberg Second...
by Tom Kaiser | Jan 6, 2022 | Briefs, News, Top Stories
Reef is kicking 2022 off with a bang, announcing a joint venture with Americana Group, the largest food and beverage operator in the Middle East. Together, the two companies will open new ghost kitchen facilities in the Middle East and North Africa regions that...
by Tom Kaiser | Jan 6, 2022 | Briefs, News
White Rhino, a Beijing-based autonomous delivery vehicle manufacturer, has raised nearly $8 million through a recent Series A funding round. It’s the company’s second million-dollar funding round in the last six months. Like Nuro, which is now valued at $8.6 billion,...
by Tom Kaiser | Jan 6, 2022 | Briefs, News
General Motors was one of many automakers using this year’s Consumer Electronics Show to debut new electric vehicles. On the delivery side, GM’s BrightDrop last-mile delivery division showed off its fleet of electric delivery vans, and announced huge reservations from...
by Arthur Robert | Dec 30, 2021 | News, Third-Party Delivery
You may remember promises of imminent self-driving from the mid-2010s when futurists claimed fleets of robotaxis would soon fill the streets and urban planners got high on the idea of tearing down parking garages. We now know this future isn’t right around the corner,...
by Tom Kaiser | Dec 29, 2021 | Best Practices, Top Stories
Delivering regular shipments of fresh, wild-caught fish from Alaskan coast to U.S. consumers is a fundamentally different challenge than restaurant delivery. No matter the complexity, the business that has exploded in popularity since the start of the pandemic as...
by Tom Kaiser | Dec 29, 2021 | Briefs, Finance, News, Third-Party Delivery
Moody’s Investors Services, the highly visible bond credit rating business, downgraded its outlook for Grubhub while maintaining a stable outlook for the third-largest U.S. restaurant delivery provider. The ratings firm cited erosion in Grubhub’s liquidity, sustained...
by Tom Kaiser | Dec 29, 2021 | Briefs, Third-Party Delivery
Residents of the southeastern states have new on-demand grocery options, as DoorDash has partnered with Southeastern Grocers Inc., parent of Fresco y Más, Harveys Supermarket and Winn-Dixie stores. Customers in Florida, Georgia, Alabama, Mississippi and Louisiana can...
by Nicholas Upton | Dec 29, 2021 | Finance, Meal Kits, News
Food delivery has a packaging problem, and it’s not just sad fries. For nearly every single order, there is at least one single-use container heading to the landfill or out into the environment. To address that issue, Dispatch Goods has been working on...