Waitr (WTRH) wants to give Uber Eats a run for its money. Founded in 2013, the app-based online food delivery company now operates in about 700 U.S. cities in mainly small or medium-sized markets.
But Waitr differs from Uber (UBER) in a key way: Rather than hiring drivers as independent contractors, the Louisiana-based company employs all of its delivery people.
“We felt like it’s important that the drivers feel like they’re a part of the company and inclusive in the operations of the business,” Waitr founder and CEO Chris Meaux told Yahoo Finance, “It allows us some flexibility in how we schedule drivers so that we can ensure the driver supply always meets the demand of orders that we have.”