Amazon’s future looked bleak after the tech bubble burst earlier that year. The online shopping pioneer was hemorrhaging cash, forcing it to cut 15% of its workforce. Top fund managers cut Amazon from their portfolios. And over the following year, its stock price sank from $105 to $5. In 2000, Amazon was a small online store selling […]
Category Archives: Online Ordering
Denver-based ‘virtual kitchen’ concept enters Memphis market
Geoff Madding, CEO of Nextbite, defines the concept as a “virtual kitchen.” Madding has a background in restaurants and startups. He combined the two to start Nextbite, which recently entered the Memphis market. The company began as an outgrowth of the tech company Ordermark, which consolidates the ordering process for restaurants using third-party delivery companies […]
ZeroCater Builds Sliding Scale into Cloud Cafe
With fewer big company catering orders between here and who knows when, ZeroCater is rolling out a new product for scalable catering. ZeroCater, a business-to-business catering company that aims to enhance company food programs with an AI food-recommendation engine, had to make some changes during COVID. As droves of office workers went home, the company […]
Local food delivery app helping your favorite restaurant stay afloat during pandemic
ALBUQUERQUE, N.M. — As the indoor dining ban in New Mexico continues, a New Mexico tech company is helping numerous restaurants expand their reach by offering delivery services. The Shop Breakfast and Lunch is located at 2933 Monte Vista Blvd. NE in Albuquerque. Rivera said each year business kept growing, and 2020 was supposed to be their […]
OLO ADDS 2 TECH LEADERS TO BOARD
The online ordering company will look to Zuhairah Scott Washington and Russell Jones to help it continue growing amid the digital boom. Online ordering provider Olo added two technology business veterans to its board of directors, the company said Monday, as it looks to continue growing amid the digital ordering boom. Zuhairah Scott Washington and Russell […]
@Pizza Partnership. UBER
Wanted to reach out to follow up on our outreach on Instagram. A bit more info on what we are about…. We’re working with Jerry Media (@F***Jerry, 15.5m net IG social media followers), @Pizza and RaaS (the top virtual restaurant company) are curating the world’s best pizzerias to launch @Pizza’s virtual restaurant exclusively on Uber […]
Ivy and Coney Owners Introduce Grassroots Delivery Platform DC To-GoGo
Before the COVID-19 pandemic, Ivy and Coney had limited experience with pick-up and delivery. If you wanted a Detroit or Chicago-style hot dog paired with a cold beer, you had to order it at the Shaw bar. Owners Chris Powers, Adam Fry, and Josh Saltzman gave Grubhub a test drive, but say the fees involved made for unsustainable business. Fed up […]
Lightspeed’s play for restaurants
Lightspeed, which provides POS technology for multiple industries, last week acquired Upserve, a restaurant technology company, for $430 million. Montreal-based Lightspeed already serves the restaurant market, but adding Upserve will help it grow its presence further. The Rhode Island-based company offers a suite of services including POS systems, loyalty programs and online and tableside ordering. […]
Your Fare Expands Capabilities with Two Acquisitions
Your Fare continues a busy year with two transformational acquisitions. The Austin-based order integration and logistics company acquired Pronto, an online ordering solution for restaurants. The acquisition comes on the tails of Your Fare purchasing Beyond4, a SMS and loyalty app. Both deals were announced last week. Your Fare founder and CEO Chris Monk said […]
Olo Adds Curbside Notifications, Virtual Restaurant Suppor
Olo, the New York-based delivery integration and ecommerce platform, announced a range of upgrades to help restaurant clients improve operations and guest safety as digital ordering and delivery volumes continue to grow. Restaurants using Olo’s Expo and Curbside as a handoff mode are now able to be notified when a customer arrives, allowing staff to […]