Ridesharing and food-delivery giant Uber had a rough quarter as ridesharing was essentially hollowed out, but food delivery served as a bright spot in the company’s second-quarter results. Uber depends on travel and commuting, and looking around the COVID-era world,...
Amazon’s major investment in the U.K. delivery firm Deliveroo has been approved by regulators. As CNBC reported, it was an unusually contentious look at the deal by country regulators that underscored the caution they were taking around this massive shift in the...
Grubhub (NYSE: GRUB) reported strong second-quarter results and gave a few updates on the Just Eat Takeaway.com (JET) transaction. The company released the results without an earnings call as the company has chosen not to hold calls until the close of the JET...
As two off-premises giants have already demonstrated, whether it’s internal or third-party, delivery is the place to be during the volatile COVID-19 pandemic. The two companies showed some exceptional results in their respective second-quarter earnings. Domino’s...
When Waitr (NASDAQ: WTRH) pre-announced its second quarter results, it looked like a starkly different company than it did at the beginning of 2020. But it wasn’t the new popularity of delivery during the COVID-19 pandemic that got the company back on track, it was...
A new model for ghost kitchens has quietly rolled out in Los Angeles. CloudKitchens opened up what amounts to an alley adjacent to several shared-kitchen storefronts. According to the foodservice newsletter HNGRY, it’s an expensive new idea that combines both...
