It’s the worst nightmare of supermarkets and food delivery firms alike: Amazon.com Inc. turbocharging its grocery business with a network of couriers who can have grub on your doorstep within an hour. So you can see why Britain’s competition regulator has decided to challenge the e-commerce giant’s planned investment in Deliveroo, the U.K. rival to […]
Category Archives: Delivery
Report: 70 Percent of Delivery Orders in 2022 Will Come From Third-party Services Like DoorDash
Restaurant food delivery from third-party services like DoorDash and Grubhub will account for 70 percent of all delivery orders by 2022, according to a new report from CBRE Group. It’s a surprising prediction — said no one ever. CBRE’s new report, the third in the firm’s U.S. Food in Demand series, is one of many, many pieces of research confirming […]
Bite Squad gobbles up local food delivery service
JONESBORO, Ark. (KAIT) – Food delivery service Bite Squad announced Tuesday it had acquired its competition, Jonesboro2go. The consolidation, according to a news release, means customers will have more than 70 restaurants to choose from, with more expected to be added in the coming weeks. Jentry Kaiser, Bite Squad’s new market manager and former general manager for […]
Google Adds Hungr to its Roster of Third-party Delivery Partners
Google continues to connect your search for food with the ability to get it quickly, as the company has now integrated third-party restaurant ordering and delivery service Hungr to Google Search, Maps and Assistant. Hungr announced the partnership today. With it, restaurants using Hungr’s ordering and fulfillment platform can now offer those services directly from a user’s Google search. […]
A Merger Could Make Grubhub Scrumptious Again
Still standing despite a drubbing, Grubhub (NYSE:GRUB) lost stock value at a headline-making rate over the past year, but managed a tasty boost to its sales. Analysts think a merger with Amazon (NASDAQ:AMZN) or Uber (NYSE:UBER) could turn Grubhub into a stock market dynamo again, considering that several metrics remain notably positive. Successful food delivery mergers in Germany strongly suggest the analysts are right […]
Kroger partners with delivery restaurant ClusterTruck to compete with Grubhub, Postmates
The Kroger Co. is trying to get in on food delivery to compete with the likes of Grubhub, Postmates and Uber Eats. On Monday, the retail company announced a partnership with delivery-only kitchen ClusterTruck, which uses its own software platform to “optimize kitchen and delivery operations,” according to a press release about the partnership. The partnership — called Kroger Delivery Kitchen Powered by ClusterTruck — […]
On-Demand Delivery And Its Future | The Barron Report Podcast
Jon Sewell and a group of industry leaders have banded together to create Motus, a company whose mission is to create a sustainable solution for restaurant delivery services and allow local restaurants to regain control of how their products get to their customers.•The process to establish a restaurant delivery co-op will begin with the Motusteam […]
Restaurant owners say the convenience of mobile food delivery isn’t worth the hassle
CEDAR RAPIDS, Iowa (KCRG) – The number of food delivery options, like GrubHub or Uber Eats, that people can choose from is on the rise with millions of downloads. “I used it while I was in college,” Brianna Tokes, of Cedar Rapids, said. “Students want things fast and easy and they want it delivered right away.” […]
The food delivery wars may have hit their peak – and alternative data highlights an unlikely winner
Postmates ($POSTMATES) is pulling out of Mexico City, according to a CNBC report. And The Information says Doordash ($DOORDASH) losses are more than $400 million. They may get you dinner, but those food delivery startups aren’t delivering profits to anyone. Yet. Even Grubhub ($NYSE:GRUB) stock is down more than 40% so far this year – and it’s consistently knocked […]
Postmates cuts dozens of jobs and shuts Mexico City office after investors turn on cash-burning businesses
Postmates has laid off dozens of employees and told employees in Mexico City that it’s closing that office. The delivery company filed confidential paperwork for an IPO earlier this year, but the markets turned on cash-burning business after the struggles of Uber and Lyft and near collapse of WeWork. Posmates raised $225 million from a […]