Wonder Closes Blue Apron Buyout for $103M
Wonder founder Marc Lore sees something in meal kits that has so far eluded the best known players in the category. After announcing his intent to purchase Blue Apron in October, Wonder Group officially closed the deal for $103 million, a far cry from its previous...
Lunchbox Partners with DeliverThat on Nationwide Catering
Lunchbox has taken another step into catering through a new partnership with DeliverThat designed to offer white-glove delivery support for larger, enterprise-grade restaurants across the country. The partnership is only the latest of several portfolio expansions for...
DashTrack Offers Restaurants Tools to Boost Online Visibility, Streamline Operations
Recognizing the challenges restaurants face in managing multiple channels, DashTrack, an Arizona-based technology platform, is offering brands tools to help centralize their operations and grow their digital presence. “Our goal is to help our clients’ businesses...
Carl’s Jr., Hardee’s Parent Partners with GuestXM
CKE Restaurants, parent company of Carl’s Jr. and Hardee’s, announced a new partnership with GuestXM, powered by Black Box Intelligence, in an effort to gain insights on the company’s guest experience across all of its quick-service restaurants around the world. In...
Uber’s Revenue Up 11 Percent as Delivery, New Verticals Rise
While Uber slightly missed analyst expectations for its third-quarter 2023 financial results, the delivery, freight and rideshare provider posted growth in active users and gross bookings, boosting its share price from the low 40’s to approximately $50/share. ...
DoorDash Posts Best Quarter Since IPO
DoorDash’s shares have maintained their post-earnings jump after the San Francisco-based delivery giant reported its third-quarter financial results showing double-digit increases in total orders and revenue, among others. Its shares rose approximately 20 percent...
Nestle Invests $100M in Wonder
New York-based Wonder Group has now received approximately $950 million in funding over its three-year history after receiving a $100-million investment from Nestle, according to CNBC. The nine-figure investment comes in the wake of a succession of big-ticket...
Toast Launches App to Manage Restaurant Operations On-the-Go
POS giant Toast has launched a mobile app for restaurant operators—a highly requested tool among users. The Toast Now app allows operators to run restaurant operations from their phones by gaining visibility into real-time sales, traffic and labor data. The app...
Mini Melts Ice Cream Explores All Channels in Growth Push
For a category typically associated with theme parks, destination malls and kiosks placed in buzzing locations, beaded ice cream maker Mini Melts and its competitors are already accustomed to meeting their energetic customers where they’re at. In the shadow of its...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.