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Uber Narrows Loss on 28% Delivery Revenue Surge

Uber Narrows Loss on 28% Delivery Revenue Surge

by Tom Kaiser | May 13, 2021 | COVID-19, News, Third-Party Delivery

After losing $968 million last quarter, Uber delivered improved first quarter earnings with a net loss of $108 million that was, as CNBC put it, a “tremendous improvement” from the fourth quarter of 2020 with delivery revenue up 28 percent over the Q4 2020 and 230...
VDC’s Guy Fieri Flavortown Kitchen Hits 160 Locations

VDC’s Guy Fieri Flavortown Kitchen Hits 160 Locations

by Tom Kaiser | Mar 10, 2021 | News, Top Stories

Guy Fieri’s Flavortown Kitchen is the latest celebrity-backed virtual restaurant from Virtual Dining Concepts (VDC), and since its rollout in early 2021, Flavortown Kitchen is already up to approximately 160 locations up and running. Founded by Robert Earl, a...
The Economics of Virtual Restaurants

The Economics of Virtual Restaurants

by Tom Kaiser | Feb 3, 2021 | Best Practices, Third-Party Delivery, Top Stories

If you believe the hype, virtual restaurants are a savior for existing restaurants struggling to turn a profit or looking to monetize excess kitchen capacity. For the countless operators now buying into virtual concepts from existing restaurant players,...
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