Daily news and analysis about the food tech revolution
This shift towards delivery and other off-premises formats was already underway. Back in 2019, the National Restaurant Association predicted that by 2030 off-premises would drive most of the growth for […]
E-commerce platform Squarespace announced today it has acquired Tock, an online platform for managing reservations, tables, takeout, and more, for $400 million. The deal is a mix of cash and […]
Ahead of Deliveroo’s initial public offering next week, six major investors in the U.K. say they will not buy shares of the third-party delivery service, citing concerns over the way […]
For the majority of restaurants around the U.S., last week marked the one-year anniversary since stay-at-home mandates initially forced dining rooms to close down. What’s followed has been 12 months […]
Among the things in the restaurant industry COVID-19 changed forever, businesses’ relationship to technology is a big one. Historically, many restaurants have been slow to adopt much, if any, technology […]
Dubai-based Grubtech announced today it has raised $3.4 million in pre-Series A funding for its software platform that powers ghost kitchens and delivery-only restaurants. Investors in the round are unnamed […]
A couple weeks ago, college was the latest potential growth market for ghost kitchens. Today, it’s big-box retailers like Walmart. Recently an Ontario, Canada-based company called Ghost Kitchens launched its […]
Restaurant management software company HungerRush announced today that it launched its artificial intelligence-driven text-to-order product. Dubbed HungerRush TextAI, the new feature uses natural language processing to interpret and place orders […]
Ghost Kitchens, a Canadian company that operates, uh, ghost kitchens, this morning announced a new partnership to bring its concept to Walmart stores in Canada. The first location, in St. […]
Pizza chain Domino’s announced its fourth-quarter 2020 earnings this week and simultaneously reiterated its stance on using third-party delivery services like DoorDash, Uber Eats, and Grubhub. Short answer: It won’t. […]
DoorDash exceeded analyst estimates with its 2020 fourth-quarter revenues. However, the third-party delivery service also more than doubled its losses during that time period, and DoorDash stock took a dip […]
Restaurant SaaS platform Olo filed its S-1 prospectus with the SEC late Friday and hopes to raise $100 million in an initial public offering. A representative for Olo confirmed this […]
