After $73.5 million loss for Waitr, now ASAP, nearly 90 people to be laid off

ASAP, the food delivery company formerly known as Waitr, will lay off 89 people in January, according to a WARN notice filed with the Louisiana Workforce Commission. The notice filed earlier this month stated the employees would be laid off on January 10 from its downtown Lafayette office. The layoffs come after ASAP reported a …

ASAP Brings Home and Office Delivery to New York City

ASAP.com, an on-demand delivery platform, has begun offering home and office deliveries in New York City. The move marks the latest step ASAP has taken to expand within the tri-state area. Earlier this year, the company secured an exclusive five-year deal with MetLife Stadium to provide in-stadium ordering during New York Giants and New York Jet Games. …

ASAP posts $73.5 million loss in third quarter, its fourth straight quarterly deficit

ASAP, the Lafayette-based delivery company, posted a $73.5 million net loss in the third quarter, its fourth straight quarter with a loss and its second massive quarterly deficit this year. Just like the first quarter of this year, ASAP attributed the hefty third quarter loss to a $53.9 million goodwill impairment due to the company’s sagging …

Delivery Dudes becomes ASAP: What’s next for the homegrown delivery service

From its humble beginnings in 2009 delivering food and cannabis on the back of a moped to becoming a homegrown pioneer that led the charge before Uber Eats and DoorDash, Delray Beach-based Delivery Dudes is entering a new chapter. Say goodbye to the “Dudes,” and say hello to ASAP. ASAP, an online ordering technology platform, acquired Delivery …

ASAP.com, the On-Demand Delivery Brand for Waitr Holdings Inc., Reports Third Quarter 2022 Results

ASAP.com, the on-demand delivery brand for Waitr Holdings Inc. (Nasdaq: WTRH) (“ASAP” or the “Company”), today reported financial results for the third quarter of 2022. Third Quarter 2022 Highlights 1Adjusted EBITDA is a non-GAAP financial measure. A reconciliation of GAAP net (loss) income to Adjusted EBITDA is included in the “Non-GAAP Financial Measure/Adjusted EBITDA” table …

Waitr Holdings Announces Reverse Stock Split and New Trading Symbol “ASAP”

Waitr Holdings Inc. (Nasdaq: WTRH), a leader in on-demand ordering and delivery, today announced that the Company’s Board of Directors has adopted resolutions to effect a reverse stock split. At the reconvened special meeting on October 20, 2022, the Company’s shareholders approved a reverse stock split of Company common stock, within a set range, without …

ASAP.com Launches Home & Office Delivery in New York City

ASAP.com, the on-demand delivery brand for Waitr Holdings Inc.  WTRH has officially launched home and office delivery in New York City. ASAP brings a new choice for customers looking for a best-in-class delivery service that already has close ties to the city. Beginning home delivery service in New York is the latest substantial step for …

Shareholders of ASAP — formerly Waitr — finally approve reverse stock split on third try

On their third try, shareholders of ASAP — formerly known as Waitr — have approved a reverse stock split, a move that will consolidate the available shares in the market in an attempt to raise the Lafayette delivery company’s depressed stock price. The tally was finalized Thursday, with 51.4% of all possible votes in favor …

Waitr Holdings Announces Plan to Adjourn the Special Meeting of Stockholders

LAFAYETTE, La.–(BUSINESS WIRE)–Waitr Holdings Inc. (Nasdaq: WTRH), a leader in on-demand ordering and delivery, announces that its Special Meeting of Stockholders to be held on October 6, 2022 at 10:00 a.m. Eastern Time will be adjourned until October 20, 2022 at 10:00 a.m. Eastern Time in order to provide stockholders additional time to vote on …