by Nicholas Upton | Dec 31, 2018 | Finance, News
Swiggy has just earned the title of most-raised in a single round for the food-delivery industry. The app-powered food-delivery service based in India just completed a series H round, bringing in $1 billion. Naspers, a South African investment giant, led the round and...
by Nicholas Upton | Dec 12, 2018 | Finance, Third-Party Delivery, Top Stories
It’s been a big year for Chris Meaux, the founder and CEO of Waitr. The Louisiana-based company focused on restaurant delivery in underserved cities went public, and now has essentially doubled in size with the acquisition of Minnesota-based Bite Squad for $321...
by Tom Kaiser | Nov 26, 2018 | Best Practices, Finance, Research, Top Stories
Five-plus years into the sea change that is third-party delivery, restaurant operators continue to debate the merits, challenges and potential profits that result from handing over some crucial parts of the business, from guest contact, upholding the brand and a lack...
by Nicholas Upton | Oct 25, 2018 | Finance, News
Grubhub, the first public company in the third-party delivery space, announced its third-quarter earnings today. The company announced earnings of 45 cents per share, beating consensus from Wall Street of 41 cents per share, a 10 percent beat. Topline revenues rose by...
by Nicholas Upton | Oct 10, 2018 | Finance, News, Third-Party Delivery, Top Stories
More money keeps flowing into the delivery space, this time Goldbelly grabbed the attention of restaurateur Danny Meyer and his young fund Enlightened Hospitality Investments. Goldbelly was founded in 2012 in New York with the purpose of getting “legendary foods” to...
by Nicholas Upton | Oct 8, 2018 | Briefs, Finance
Just how excited are investors about the ghost kitchen industry? Well, according to Kitchen United CEO Jim Collins, they are pretty eager. “I think we opened and closed the round in about two days,” said Collins. The outcome of that fervent desire for ghost kitchens...
