Olo Launches Olo Pay, A Fully-Integrated Payment Platform Enabling Restaurants To Grow And Protect Their Digital Business

NEW YORK–(BUSINESS WIRE)–Olo (NYSE: OLO), a leading on-demand commerce platform powering the restaurant industry’s digital transformation, today announced commercial availability of Olo Pay, a comprehensive payment platform that enables Olo’s network of restaurant brands to jointly reach 85 million connected consumers. “We are particularly excited about a borderless payments network in driving a frictionless checkout experience …

Digital Evolution of Restaurants: Hear From Olo Founder & CEO in Fireside Chat

IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat at the 2022 ICR Conference with the Founder & CEO of Olo, Inc. (NYSE: OLO) to discuss Digital Entirety in the restaurant space, direct connection, ownership of the guest relationship, and Quick Service Restaurants (QSR) as the next digital evolution. The event featured Olo Founder & CEO …

Olo: Restaurants’ Savior Armed With Cash, In Search Of Catalyst To Reignite Growth

Summary Olo facilitates digital ordering and helps restaurants to wrestle back direct customer relationships from marketplaces. Revenue & Gross Margins expanded over the past few years, but margins might begin to stagnate with limited scope of product offerings. The acquisition of Wisley was not a cheap deal, and it remains to be seen how it …

Olo CEO Noah Glass: Three Predictions for 2022

Olo CEO Noah Glass shared his three top predictions for 2022 as the company embarks on its first full year as a public company. Aside from going public, Glass and Olo (NYSE: OLO) had a pretty good year as one of the go-to enterprise solutions for omnichannel restaurant transactions. He wrapped up 2021 and looked ahead …

How Is Lyft’s Food-Delivery Strategy Different?

Ride-hailing service Lyft is entering the food-delivery space in a partnership with online-ordering platform Olo. Though it may sound like Lyft is trying to become the next Uber Eats, it’s setting itself apart with a different strategy. “This is not about Lyft creating a clone of Uber Eats,” Olo CEO Noah Glass told Insider (Dec. 14). The Strategy Lyft’s …

Lyft Rolls into Delivery with Olo Partnership

Lyft is getting into the restaurant delivery business through a new partnership with Olo, following in the tire tracks of its rival Uber, which saw its Eats business overtake ride sharing during the pandemic. As the operator of one of the largest transport networks in North America, Lyft’s entrance into the meal delivery space via …

Lyft announces major push into food delivery, taking the opposite approach to rival Uber

The ride-hailing service Lyft is taking the leap into the competitive food-delivery space through a partnership with the online-ordering giant Olo, the two companies jointly announced Tuesday.  Justin Paris, the head of Lyft Delivery, said the “opportunity size” tied to partnering with Olo is “several hundred thousand deliveries per week.”  Olo, which went public in March, works …

LYFT GETS INTO FOOD DELIVERY, WITH ASSIST FROM OLO

The food delivery world has a new player. Lyft, the ride-hailing giant that competes with Uber, said Tuesday it will start using its drivers to deliver restaurant food via a partnership with online ordering provider Olo. Specifically, Lyft will integrate with Olo’s Dispatch product, which works like this: When a customer places a delivery order …

Lyft, Olo partner to offer restaurant delivery

Dive Brief: Lyft has partnered with Olo to use Olo’s Dispatch product to facilitate delivery across Olo’s network of restaurant brands, the companies announced on Tuesday.  Olo’s product allows restaurants to generate orders through their websites and apps. The platform then selects delivery service providers, including in-house couriers, based on price, timing, availability and other criteria. …

Olo, Uber Expand Restaurant Delivery Fulfillment to Include Alcohol

Olo, which works in on-demand commerce for restaurants, is working alongside Uber to integrate tech to help restaurants expand, a press release says. Uber will put its Uber Direct tech into Dispatch, the delivery fulfillment solution from Olo. That will make efficient delivery technology available. “Through the expansion of our partnership with Uber, we are now able …