by Robert Swinney, Duke University — January 13, 2023 . DURHAM – The rise of food-delivery services like DoorDash and Uber Eats provided a lifeline for restaurants during the pandemic. The relationship, though, seems to have soured of late, as people slowly resume their eating-out habits. One reason is an inherent flaw in the revenue-sharing contracts between the …
Continue reading “Food delivery wars: Duke professor says there’s a better way”
Just Eat Takeaway (AS:TKWY) shares climbed towards the top of the pan-European Stoxx 600 on Monday after analysts at ING said they expect the Amsterdam-listed food delivery service to post strong returns in 2023. In a note to clients, the analysts predicted that Just Eat may report “quite significant profit” this year, citing the impact …
Continue reading “Just Eat Takeaway shares rise as ING predicts 2023 profit jump”
The return-to-office trend is slowly gaining momentum, with more companies, including Starbucks, requiring workers to come in several days a week or more. Although many workplaces still offer a remote arrangement, in 2022, catered lunches grew as an incentive for employees to leave their home workspaces and reclaim their office desks, reports ezCater, an ordering platform …
Continue reading “CATERING ORDERS ARE BACK TO PRE-PANDEMIC LEVELS AT OFFICES AND OTHER WORKPLACES”
Just Eat food delivery service saw customers place fewer orders than expected in its latest quarter amid rising living costs and a slowdown in growth for the online food sector. The total value of orders placed on Amsterdam-based Just Eat’s platform during the fourth quarter was €7.1bn, the company reported, compared to an average analyst …
Continue reading “Just Eat orders drop in latest quarter amid online food slowdown”
With aggregators increasingly operating at a profit, those that are not may get left behind. In the past couple of quarters, Just Eat Takeaway.com has been making a profit for the first time since lockdown, even as sales have fallen. The company discussed this turnaround on a call Wednesday (Jan. 18) accompanying its fourth-quarter 2022 financial results. “[We …
Continue reading “Grubhub Parent Focused on Profitability Amid Slump in Orders and Spending”
Out Do Delivery has announced that they are bringing a new food delivery program to New Orleans that will give restaurants lower fees than other competing services. Out Do Delivery has announced that they are bringing a new food delivery program to New Orleans that will give restaurants lower fees than other competing services. Out …
Continue reading “New Orleans Flat Fee Food Delivery Service For Independent Restaurants Announced”
Waitr Holdings Inc. (ASAP) SEC Filing 8-K Material Event for the period ending Tuesday, January 24, 2023 more
By focusing on communication with restaurant merchants, the aggregator has built products and features based on operator needs. This article is the first in a three-part series exploring how DoorDash has become the dominant third-party delivery aggregator in the U.S. Mistie Boulton, CEO of Palo Alto, California-based restaurant Oren’s Hummus, is used to seeing young …
Continue reading “How DoorDash became the dominant US food delivery company”
Giuseppe Marchesini, the owner of a restaurant in Little Italy, is worried about how the alcohol-delivery partnership between the LCBO and Uber Eats will impact his bottomline. He said it is unfair, given that his business and others have not fully recovered from the COVID-19 pandemic. “That’s another competitor and that’s a big competitor,” Marchesini …
Investing in stocks comes with the risk that the share price will fall. And unfortunately for DoorDash, Inc. (NYSE:DASH) shareholders, the stock is a lot lower today than it was a year ago. In that relatively short period, the share price has plunged 66%. DoorDash hasn’t been listed for long, so although we’re wary of recent listings …
