Discuss Caviar acquisition by Caviar.
Foodsby focuses on aggregating delivery from a small selection of restaurants to suburban office buildings to lower delivery fees. Pooled orders. Restaurant makes the delivery. They charge $1.99 to each consumer. User picks food up from kiosk at designated time. Average $180-$200 per day per restaurant. Says that fees average 20% of the ticket.
Two rounds of VC. 20 markets as of end of 2019. Plan for 30+ by end of 2020. Adding group ordering.