Yummy bags $18M as its expands delivery app across Latin America

Three months after announcing a $4 million seed round, Venezuelan delivery super app Yummy is back with an $18 million Series A round that will accelerate the company’s proposed expansion throughout Latin America. Anthos Capital led the latest round, with additional participation from JAM Fund, whose founder Justin Mateen was an investor in the seed round. …

ChowNow Names IPO Investment Banker As CFO

Los Angeles-based ChowNow, which develops software to manage online ordering and marketing for restaurants, has named a new CFO. According to ChowNow, it has appointed Andre Mancl to the position of Chief Financial Officer. Mancl was previously an investment banker, having previously been at Credit Suisse, where he served as the Global co-head of Internet Investment …

Yelp tool helps restaurants manage operations amid off-premise surge

Dive Brief: Yelp on Wednesday announced a new tool, called Yelp Guest Manager, that streamlines its front-of-house products, including Waitlist, Reservations, Kiosk, Takeout and Table Management into one suite. According to an email sent to Restaurant Dive, Guest Manager will help restaurants manage operations as off-premise dining grows in importance.  Yelp Guest Manager integrates with restaurant …

OLO TO ACQUIRE DATA PLATFORM WISELY FOR $187M

Online ordering provider Olo is making its first acquisition. The company said Thursday it will buy Wisely, a maker of customer relationship management software, for $187 million in cash and stock.  Olo said adding Wisely will help restaurants better use data to understand and market to their guests. Wisely’s technology includes automated marketing tools; reservations, waitlist …

Olo to acquire restaurant customer intelligence platform provider Wisely

An on-demand commerce platform for the restaurant industry, Olo, has entered into a definitive agreement to acquire Wisely. Based in Ann Arbor, Michigan, US, Wisely provides a customer intelligence platform for restaurants that enables them to personalise the guest experience. Wisely co-founder and CEO Mike Vichich said: “By joining with Olo, restaurant brands will have …

Slice Invests Additional $15M in Pizzeria Accelerator

Slice, the pickup and self-delivery provider for independent pizza restaurants, announced an additional $15 million infusion to its Slice Accelerate program that grants independent pizzerias with $15,000 in technology and services to grow their businesses. First started last year, this latest round is expected to bring another 1,000 restaurants into the company’s small business accelerator. …

ChowNow Launches ‘Order Better Network’ Online Platform

ChowNow, a platform powering online ordering and marketing for independent restaurants, unveiled its Order Better Network, the industry’s first product to connect restaurants to over a dozen diverse channels for delivery and takeout, including major internet, social and hospitality brands. The Network enables restaurants to connect with millions of new customers and makes it easier …

ChowNow launches Order Better Network

Online ordering platform ChowNow on Tuesday launched “Order Better Network,” a solution that connects restaurants to more than a dozen channels for delivery and takeout orders. Brands on the platform include Google, OpenTable, Yelp and several more. The Order Better Network helps restaurants set up digital storefronts on these social platforms so diners can browse, order and checkout …

From DoorDash To Huawei: Business Model Revolution

It used to be that we could excuse most CEO’s for not being more involved or supportive of innovation, because they typically did not come from a technical background. That excuse became invalid when business models became de rigueur for strategy discussions. Almost every day, now, the business press features unfamiliar, non-technical, competitive moves by insurgents revitalizing …

Delivery wars heat up as services turn to OOH advertising

The delivery service wars — battles between DoorDash, UberEats and Grubhub — have been raging for several years as each brand jockeys for position as the leading food delivery provider. Through the COVID-19 pandemic, popularity in delivery services skyrocketed as people stayed home to avoid getting the virus. Consumers felt comfortable ordering from delivery apps …