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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,...
SoftBank Doubles Down on Delivery with $120M Ordermark Investment

SoftBank Doubles Down on Delivery with $120M Ordermark Investment

by Tom Kaiser | Oct 28, 2020 | Finance, News

SoftBank, the Japanese private equity firm that has been a major backer of DoorDash and Uber, announced a $120-million funding round for L.A.-based Ordermark to help the online order management provider and virtual restaurant operator grow and expand its offerings....

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