After a year-long partnership, Wonder has acquired Relay, a New York City-based delivery service. The move is part of the food hall concept’s strategy to streamline delivery operations. Relay maintains its own fleet of contracted couriers, mainly on bikes, completing restaurant deliveries for an hourly rate. Relay maintains its own fleet of contracted couriers, mainly on bikes. …
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Sam Nazarian, CEO of digital restaurant company C3 and sbe hospitality group, has acquired Kitchen United’s IP (intellectual property) and ghost kitchen-related assets. Once a leader in the ghost kitchen space, Kitchen United shuttered its physical locations late last year. The virtual commissary operator combined elements of delivery technology, real estate and virtual restaurant brands …
Online restaurant ordering-managing platform ChowNow Inc. has acquired online ordering consolidation platform Cuboh Software Inc. in a move to expand its offerings and integrate with more point-of-sales systems. Culver City-based ChowNow doesn’t charge commission fees to restaurants and promotes itself as a more restaurant-friendly alternative to ordering applications such as GrubHub, DoorDash and Uber Eats. GrubHub, DoorDash and Uber Eats charge a commission …
Waitr’s meteoric rise as a tech startup was eventually pulled down by an ill-advised acquisition, a dwindling amount of cash and years of declining revenue, an Acadiana Advocate analysis revealed. The delivery company, which was acquired by Texas millionaire Tilman Fertitta’s Landcadia Holdings in 2018 for $308 million and later rebranded as ASAP in 2022, …
Continue reading “It was one of Louisiana’s most popular tech startups. What went wrong at Waitr?”
Online ordering provider ChowNow is acquiring Cuboh, a company that allows restaurants to streamline incoming orders from third-party delivery apps. ChowNow said the deal will make its offering for independent restaurants more comprehensive and help them clean up jumbled tech stacks. It will also increase the number of POS systems that can integrate with ChowNow’s …
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Waitr Holdings filed for Chapter 7 bankruptcy on April 2, with plans to liquidate any of the company’s assets ASAP, the food delivery service formerly known as Waitr, has shut down after the company filed for Ch. 7 bankruptcy, according to an 8-K form filed with the U.S. Securities and Exchange Commission on April 2. According to …
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The restaurant delivery company formerly known as Waitr is no more. The Louisiana-based provider, which rebranded as ASAP in 2022, filed for Chapter 7 bankruptcy Tuesday and ceased operations. It had been struggling amid competition from bigger delivery companies like DoorDash and Uber Eats for years. Its revenue and corporate headcount declined sharply last year …
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Waitr Holdings, the parent company for the company formerly known as Waitr and several other subsidiaries, has filed for Chapter 7 bankruptcy. The company announced the move in a document filed Tuesday with the U.S. Securities and Exchange Commission. It comes after the company now known as ASAP announced on Friday it would cease operations …
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Food delivery has proved to be a service that customers like but is really hard to make money on. There’s basically nothing proprietary about food delivery. One company might offer better loyalty rewards or have an easier-to-use app, but the core service remains the same. So, once an area has more than one food-delivery service, …
Continue reading “Food-delivery service closes, bankruptcy filing likely”
