Oct 6 (Reuters) – Uber Technologies (UBER.N), opens new tab said on Tuesday it would buy US catering platform ezCater in an all-cash deal for $2.3 billion, its latest move to strengthen delivery, the company’s fastest-growing business segment. The deal comes months after Uber agreed in July to buy German firm Delivery Hero in a $14.8 billion transaction aimed …
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Owner has raised $240M, reached a $2.3B valuation, and crossed $100M ARR. Goldman Sachs Alternatives led the round, joined by Meritech, Redpoint, Headline, & Jack Altman. The world is racing to build AI to replace people’s jobs. Owner is building AI to do the opposite:To do the jobs for small business owners they’ve never been able …
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DoorDash made money again.The company reported on its Q4: 903M orders (+32% YoY), Marketplace GOV $29.7B (+39%), Revenue $4B (+38%), GAAP net income $213M (+51%). 1/ Agentic commerce question. An analyst asked Tony Xu – co-founder and CEO – whether AI agents could compress the discovery-to-checkout flow and erode DD’s position. Tony gave a bit …
SCHAUMBURG, IL, Dec. 11, 2025 (GLOBE NEWSWIRE) — Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of CardCash.com, Restaurant.com, and Takeout7.com, and a leader in the incentives and rewards industry, today announced notable year-over-year growth for CardCash.com for November 2025, fueled by strong Black Friday demand, increased customer activity, and improved margin performance. CardCash …
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Smarter Choices, Happier Guests EveryBite, the restaurant-tech company behind SmartMenu™, today announced it’s joining Olo’s partner ecosystem, making it easier for restaurants to deliver more personal, connected dining experiences. With over 7 million visits and counting across 7,000+ restaurant locations, SmartMenu™ is transforming how diners discover what to eat. Each visit sparks meaningful engagement, with guests exploring an average …
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LinkedIn: Toast reported a strong Q3 and put real weight behind product, AI, and a new Uber partnership that will matter for how restaurants run digital orders.Global POS players and regional incumbents should assume faster competitive pressure as Toast’s localized stack, AI features, and marketplace integrations roll into more markets. 1/ Footprint and customers~156,000 live …
LinkedIn post: DoorDash reported a strong Q3 and the key points sounded very similar to the story told by Uber a couple of days ago (https://lnkd.in/dZvzPf2s). I read that some people think OpenAI will eat them all – I very much doubt that. 1/ What changed this quarterU.S. restaurants accelerated, MAUs and DashPass additions rose, …
Uber has just finished its earnings call, reporting a strong Q3 and flagged a handful of delivery, AI, and partner moves that I noted. 1/ Orders & money (Delivery). Gross Bookings $23.3B (+25% YoY) – Revenue $4.48B (+29%) – Segment Adjusted EBITDA $921M (+47%). Interestingly, Grocery & Retail is approaching a ~$12B gross bookings run-rate …
DoorDash announced it will acquire restaurant tech platform SevenRooms for $1.2 billion to expand its merchant tools and enhance its commerce platform. Multiple news sources confirmed the deal, quoting company statements. The acquisition coincided with DoorDash missing revenue expectations, making headlines across financial outlets and raising interest in its future DoorDash Acquires SevenRooms for $1.2 …
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Food hall startup Wonder, which just four months ago completed a $650 million deal for Grubhub, has raised another $600 million in funding, according to Bloomberg. This latest round for CEO Marc Lore’s company lifts it to a valuation north of $7 billion. Lore in a LinkedIn post Tuesday said there was participation from major existing shareholders, led by …
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