DoorDash Looks to Expand Grocery in 2024
DoorDash reportedly plans to expand further into retail and grocery in 2024, as the company looks to diversify beyond its core restaurant delivery services, CEO Tony Xu said in a recent Financial Times article. “The two largest areas of investment are expansion...
DoorDash Predicts Further Growth as Orders Jump 30 Percent
Its largely positive quarterly results didn’t move the share price needle, but DoorDash reported strong fourth-quarter results showing that gross order volume increased 29 percent from the prior year, to $14.4 billion. This was achieved by growth in orders, up 27...
DoorDash to Acquire Wolt for $8 Billion
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,...
Virtual Kitchen Co. Rebrands as All Day Kitchens, Raises $20 Million
Virtual Kitchen Co., a San Francisco-based company offering restaurants a network of closely located satellite kitchens to reach takeout and delivery customers with minimal upfront investment, has rebranded itself as All Day Kitchens after announcing a $20 million...
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.