by Arthur Robert | Jan 13, 2022 | News
Total online grocery sales were $97.7 billion in 2021, according to a report from analytics firm Brick Meets Click. Total sales were spurred on by a strong showing in December when online sales neared $9 billion. Online grew its share of the market two points during...
by Nicholas Upton | Jan 13, 2022 | Best Practices, News
Olo CEO Noah Glass shared his three top predictions for 2022 as the company embarks on its first full year as a public company. Aside from going public, Glass and Olo (NYSE: OLO) had a pretty good year as one of the go-to enterprise solutions for omnichannel...
by fodnews | Jan 12, 2022 | Sponsored Content
*This is content sponsored by Omnivore. The pace of digital transformation in the restaurant industry is only accelerating. Omnivore CEO Dan Singer said keeping up in that marathon requires more open, efficient ways of connecting to digital tools. “Just start...
by Nicholas Upton | Jan 6, 2022 | Finance, News
Another global acquisition gives a little insight into the complicated world of international food delivery companies as Berlin-based Delivery Hero announced it was buying additional shares in Glovo, which is headquartered in Barcelona. Delivery Hero is set to acquire...
by Arthur Robert | Jan 6, 2022 | News
SkipTheDishes, the Canadian subsidiary of JustEatTakeaway.com, Europe’s largest meal delivery provider, launched Skip Express Lane, a grocery delivery service. According to a press release, the service has three fulfillment centers operational in Ontario and plans to...
by Nicholas Upton | Jan 6, 2022 | Best Practices, News
How a smart idea gets initial traction is one of the most important moments in any business. It’s a confusing, inventive, fascinating period, and one Andrew Chen spends a lot of time thinking about. Chen is a partner at the exceptionally busy and successful...
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,...