Vromo Officially Integrates with Toast

Vromo, a delivery management system for restaurants, has announced the launch of its integration on the Toast point-of-sale platform. Vromo said this new integration will strengthen delivery capabilities for thousands of restaurants in the U.S. In its official announcement of the news, Vromo said this integration will enable restaurants to scale their delivery operations in …

Empower Delivery Encourages Restaurants to Go All-in on Delivery

Two big names in delivery have teamed up to bring independent restaurants and ghost kitchens a solution that could dramatically improve the economics of their delivery programs. But as restaurant executive Meredith Sandland and ClusterTruck founder Chris Baggott explain, this holy grail of profitable delivery requires restaurants to go all in with their own driver …

Two Charts Show Ongoing Third-Party Evolution

Taking stock of the third-party delivery market in the second quarter of 2022 largely continues long-term trends, but there are some notable nuggets. In data from YipitData, a research and analysis firm with a focus on the delivery market, the big market share numbers continue to move in the same direction. DoorDash remains the No. …

Qdoba enters Austin, Texas, via Reef ghost kitchens

Dive Brief: Qdoba will sell its menu from two Reef Technology ghost kitchens in Austin, Texas, the Mexican chain announced Friday.  Offerings from these locations will be available on DoorDash, Uber Eats, Grubhub, Postmates and Deliveroo. This partnership marks Qdoba’s official debut in both the Austin market and the ghost restaurant space, CMO Karin Silk said …

DoorDash for Work Launches New Features to Help Organizations Hire Top Talent and Retain Employees

While the workplace experience may have changed in recent years, ensuring that employees feel valued and engaged has never been more important. As companies work to support their employees from near or afar, benefits such as daily lunches, catered social events, and in-person team meetings can go a long way. Since launching DoorDash for Work in 2020, …

Toast built a $30 billion business by defying Silicon Valley and surviving a ‘suicide mission’

Toast’s first backer, Steve Papa, invested in the company because no venture capital firm would write the initial check. By the time Bessemer Venture Partners led the first institutional round in 2015, the company had millions in revenue, 170 employees and was deployed in thousands of restaurants. “We intentionally chose not to put reps in …

Uber’s Infamous Co-founder Wins Microsoft As First US Investor For His Dark Kitchen Startup

Microsoft Corp (NASDAQ: MSFT) has become the first U.S.-based investor in Uber Technologies, Inc (NYSE: UBER), known to have backed CloudKitchens, the “dark kitchen” startup run by the ride-hailing company’s controversial co-founder Travis Kalanick, the Financial Times reports. The investment was part of CloudKitchens’ $850 million funding round that closed in November 2021, valuing it at $15 billion. The cash gain …

Uber Eats Pens 10-Year Partnership with Nuro for Autonomous Food Deliveries

Uber Eats has signed a decade-long deal with Nuro, an autonomous vehicle company, to offer driverless deliveries in the US. Uber Eats customers will be able to order meals and goods and have them delivered by Nuro’s zero-occupant autonomous delivery vehicles. The vehicles run on public roads and are built specifically to carry food and …

Olo Announces $100 Million Share Repurchase Program

NEW YORK, September 07, 2022–(BUSINESS WIRE)–Olo Inc. (NYSE: OLO), a leading open SaaS platform for restaurants that enables hospitality at every touchpoint, today announced that its board of directors authorized a share repurchase program for up to $100,000,000 of the Company’s Class A common stock. The authorization to repurchase has no expiration date and will be …