Online ordering provider Olo has officially been sold to big investment firm Thoma Bravo. Olo shareholders on Tuesday approved the $2 billion, all-cash deal, which equates to $10.25 per share of common Olo stock. That was a 65% premium on the company’s share price as of April 30, before news emerged that it was considering …
Continue reading “Olo’s sale to investment firm Thoma Bravo is complete”
Giftify [NASDAQ: GIFT] is building a vertically integrated restaurant tech stack with new acquisitions (TakeOut7, Platr) and its Restaurant Management Center (RMC) taking center stage. This is positioning the company to follow Olo’s [NYSE: OLO] recent $2 billion premium valuation as restaurants seeking all-in-one solutions drive a massive consolidation push in the restaurant tech space. …
Continue reading “Why Giftify Could Be the Next Olo in the Restaurant Tech Consolidation Boom”
Uber Technologies (NYSE: UBER) reported fiscal second-quarter 2025 results on Wednesday. The company reported a quarterly revenue growth of 18% year-on-year to $12.65 billion, beating the analyst consensus estimate of $12.46 billion. Uber reported adjusted EPS of 63 cents, which beat the analyst consensus estimate of 62 cents. Revenue from Mobility grew to $7.3 billion, up 19% Y/Y. Delivery was $4.1 billion, up 25%, …
Continue reading “Uber Q2 Earnings: Trips Surge, $20 Billion Stock Buyback, CEO Sees No Slowdown”
Company achieves gross profit increase of 18.3% to $3.9 million Strategic initiatives including TakeOut7 acquisition and AI implementation driving operational improvements SCHAUMBURG, IL, Aug. 13, 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 financial …
Olo—founded as GoMobo 20 years ago—was an early adopter of the digital ordering movement. Yet in 2025, the tech company still finds itself only scratching the surface. Last year, restaurants using Olo’s digital solutions earned roughly $29 billion in sales volume. It’s a big figure, but not so large considering digital orders represent just 18 …
Continue reading “From Digital to Physical, How Olo Plans to Capture the Full Restaurant Economy”
Here’s a concise tweet summarizing the Olo vs Toast analysis: 🧵 Olo vs Toast: A $2B vs $25B tale of strategic choices Both restaurant tech companies IPO’d in 2021, but chose radically different paths: 🎯 Olo: Enterprise-first (300k locations) → Higher margins (61% vs 25%) → $339M revenue (2025E) → Acquired for $2B 🚀 Toast: …
Continue reading “Olo vs Toast: $2B vs $25B – The Strategic Tale of Two Tech Giants”
In a major move in restaurant tech, Olo will be acquired by Thoma Bravo in a $2 billion cash deal. Olo says this will support growth and product expansion for the over 750 restaurant brands it currently works with. Founded in 2005, Olo has grown into a widely used platform for restaurants looking to manage …
Continue reading “Olo to be Acquired by Thoma Bravo in $2B All-Cash Deal”
LinkedIn: “I just listened to DoorDash’s Q2 2025 earnings call, and the day before I listened to the Uber‘s call. One thing I want to highlight – both companies keep emphasizing how small of a share of the market they have managed to capture to date and how huge the opportunity ahead still is. And if …
May 6 might just go down in history for DoorDash. On the same day it shared first quarter financial results—it reported profit of $193 million, a reversal of its loss of $23 million a year ago and announced two major acquisitions. In a move aimed at increasing its global presence, San Francisco-based DoorDash announced a …
Continue reading “Behind the Scenes With DoorDash, Uber Eats and Grubhub”
DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced that it intends to offer and sell, subject to market conditions and other factors, $2.0 billion aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to …
