by Tom Kaiser | Nov 11, 2020 | Third-Party Delivery, Top Stories
With thousands of new delivery-only restaurants opening in the coming year, a range of opposing business plans are raking in a deluge of investment funds, bringing virtual concepts into existing restaurants and purpose-built ghost kitchen spaces. Whichever model...
by Tom Kaiser | Nov 11, 2020 | Finance, News, Top Stories
As the founder of Ordermark and its Nextbite virtual restaurant platform, Alex Canter has become one of the biggest names in the delivery space. Now that SoftBank has invested $120 million in his vision, Canter’s stature is expanding on expectations that one of its...
by Nicholas Upton | Oct 22, 2020 | COVID-19, Finance, News
Recently revealed real estate documents provide another hint at what ghost-kitchen builder CloudKitchens has going on behind the scenes. According to The Wall Street Journal, CloudKitchens has gobbled up 40 properties across the country, spending more than $130...
by Nicholas Upton | Jul 15, 2020 | Finance, News
A new model for ghost kitchens has quietly rolled out in Los Angeles. CloudKitchens opened up what amounts to an alley adjacent to several shared-kitchen storefronts. According to the foodservice newsletter HNGRY, it’s an expensive new idea that combines both...