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DoorDash to Acquire Wolt for $8 Billion

DoorDash to Acquire Wolt for $8 Billion

by Arthur Robert | Nov 18, 2021 | Finance, News, Third-Party Delivery, Top Stories

Consolidation continues in the delivery sector. DoorDash announced it has agreed to acquire Wolt (pronounced “volt”), a Helsinki-based delivery firm in an all-stock transaction that values the company at approximately $8.1 billion. If the proposed merger goes through,...
Olo Buys Wisely, a Customer Intelligence and Engagement Platform

Olo Buys Wisely, a Customer Intelligence and Engagement Platform

by Tom Kaiser | Oct 28, 2021 | Finance, News

Olo is flashing some cash as the newly public on-demand commerce platform announced it is acquiring Wisely, a customer intelligence and engagement platform based in Ann Arbor, Michigan, in a $187 million dollar deal. The deal will allow Olo’s customer base to better...
Exclusive: Two CEOs on the Kitchen United-Zuul Acquisition

Exclusive: Two CEOs on the Kitchen United-Zuul Acquisition

by Tom Kaiser | Oct 7, 2021 | Finance, News, Top Stories

Kitchen United has acquired Zuul, the New York-based ghost kitchen and technology provider to bolster its batched-ordering support and establish a beachhead in the largest delivery market in the United States. The deal is Kitchen United’s first acquisition and,...
Just Eat Takeaway Completes Grubhub Acquisition, Adam DeWitt is New CEO

Just Eat Takeaway Completes Grubhub Acquisition, Adam DeWitt is New CEO

by Tom Kaiser | Jun 16, 2021 | News, Third-Party Delivery, Top Stories

It’s been a slow roll toward the finish line, but Amsterdam-based Just Eat Takeaway.com completed its acquisition of Grubhub in an all-stock transaction that represents JET’s entry into the U.S. food delivery market. Grubhub President and CFO Adam DeWitt was named...
Done Deal: Uber Acquires Postmates

Done Deal: Uber Acquires Postmates

by Tom Kaiser | Dec 1, 2020 | News, Third-Party Delivery, Top Stories

As giant DoorDash finalizes its plans to go public, Uber announced it has officially completed its acquisition of Postmates, perennially the fourth-largest U.S.-based third-party delivery provider. According to October market share stats from Second Measure, a...
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