What started three years ago as one of the first restaurant-to-home delivery services in South Mississippi boomed during the pandemic and now is Bite Squad. Anthony Depreo said he founded Tiki Delivery in Diamondhead in May 2018 as “a one man show,” contracting with three restaurants in Bay St. Louis for delivery service. In December …
Continue reading “Waitr buys MS Coast restaurant delivery service. What’s next includes a new name”
Just Eat Takeaway.com on Wednesday laid out its plan to gain market share by expanding its delivery network, investing in customer acquisition and lowering fees across its 23 global markets—which will soon include the U.S. The Amsterdam-based delivery company is in the process of acquiring Grubhub in a $7.3 billion transaction set to be completed in the first half of …
Continue reading “GRUBHUB’S NEW OWNER OFFERS GLIMPSE OF POTENTIAL U.S. STRATEGY”
Dive Brief: Waitr has acquired Delivery Dudes, a Florida-based food delivery company, for approximately $23 million in stock and cash, according to a press release. Delivery Dudes operates in small- and medium-sized markets in over 50 cities, mainly located in South Florida. The transaction is expected to close by the end of this week. Delivery Dudes’ ordering …
Continue reading “Waitr buys Florida-based Delivery Dudes for $23M”
Delivery company Waitr is acquiring Delray Beach, Fla.-based provider Delivery Dudes for $23 million in stock and cash, the company announced Tuesday. The move will help Lafayette, La.-based Waitr expand its footprint in the Sunshine State, where it currently operates in eight markets. Delivery Dudes is concentrated in small and medium-sized markets mainly in South Florida and …
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Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”), a leader in on-demand food ordering and delivery, today announced the Company has entered into a definitive agreement to acquire substantially all of the assets of Delivery Dudes, a Delray Beach, Florida based food delivery company. We expect this transaction to close prior to the end …
Continue reading “Waitr Enters into Asset Purchase Agreement with Delivery Dudes”
US food delivery service DoorDash has announced its acquisition of Chowbotics, the creator of a fresh food and salad robot, as it looks to explore how automation can support the growth of restaurants. While the companies did not disclose the terms of the deal, Chowbotics was valued at $46 million in 2018, according to data firm PitchBook. Chowbotics …
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Uber UBER +1.2% is doubling down on delivery. The San Francisco-based tech giant — best known for its ride-hailing and food delivery services — announced Tuesday plans to acquire Boston-based alcohol e-commerce marketplace Drizly in a cash-and-stock deal valued at $1.1 billion. In a news release, Uber said it would trade more than $900 million worth of stock for …
Continue reading “Uber To Acquire Drizly In $1.1 Billion Deal”
Uber on Tuesday announced its plans to acquire Drizly, a startup that offers on-demand alcohol delivery, for $1.1 billion. The move lines up with Uber’s efforts to expand its own delivery services as its ride-hailing services continue to struggle through the pandemic. Uber expects to pay for Drizly almost entirely with shares of Uber common stock. …
Continue reading “Uber plans to add alcohol delivery to Uber Eats with $1.1B acquisition”
Dive Brief: Uber Technologies is buying alcohol delivery startup Drizly for about $1.1 billion in stock and cash, the companies said in a statement. Drizly’s on-demand alcohol marketplace is available in more than 1,400 cities. Bloomberg noted Drizly was valued at $73 million in 2017. Uber said Drizly will eventually be integrated with the Uber Eats app, while also maintaining …
Continue reading “Uber buys alcohol delivery platform Drizly for $1.1B”
Uber is looking even more like a delivery company than a ride-hailing business. Uber announced Tuesday that it will buy Drizly, an alcohol delivery startup, for approximately $1.1 billion in stock and cash. Following the completion of the transaction, Drizly will be integrated with the Uber Eats app, while also maintaining a separate app. The sale is …
