LinkedIn post: Olo just launched a marketplace app to compete with DoorDash Toast tried this. it’s called Toast Local. you’ve probably never heard of it. (im half joking.. im a big fan of Toast) anyway, there’s a reason for that. and i’ve seen it before. i worked on hyperlocal restaurant marketplaces at LevelUp and Ritual.cotwo …
Tag Archives: Toast
Toast Shuts Down its 99-Cent Fee
Toast announced Wednesday that it will remove its 99-cent fee for orders over $10 after receiving a wave of negative feedback from the restaurant community. CEO Chris Comparato said the decision came after “extensive discussions” with clients. The fee will be gone by the end of the week. “While we had the best of intentions—to …
Toast just integrated Google and Meta ads.
Toast just integrated Google and Meta ads. they are calling it a feature release. i am calling it a mandatory tax. this is the end game for the all-in-one OS. the reality is they now have the data to link an ad click directly to your net payout. they can automatically kill campaigns that push …
Continue reading “Toast just integrated Google and Meta ads.”
American Express’ restaurant tech acquisitions are bearing fruit
Credit card giant American Express has made inroads into the restaurant industry over the past several years, acquiring the reservation platforms Resy and Tock as well as middleware provider Rooam. The idea was not only to offer Amex cardholders more perks via the Resy and Tock restaurant networks, but also to help restaurants themselves—many of them …
Continue reading “American Express’ restaurant tech acquisitions are bearing fruit”
Toast Q3, AI, Uber Partnership
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 …
Toast and Uber Announce Strategic Partnership to Help Restaurants Drive Guest Demand
Beginning in the United States and Canada, Toast and Uber will deepen their integration to deliver innovations designed to help restaurants better manage digital ordering operations, enhance the guest experience, and grow sales. By combining Toast’s market leading point-of-sale offerings with Uber’s delivery and technology network expertise, restaurants will be able to access the best …
Olo vs Toast: $2B vs $25B – The Strategic Tale of Two Tech Giants
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”
Carte: DoorDash POS
Post from Guiseppi Marzelli: DoorDash is reportedly developing its proprietary Point-of-Sale (POS) platform, called “Carte,” to enhance its role in restaurant operations. While specific details about Carte are limited, here’s what we know… ⚡Expansion of Services ⚡🔺 DoorDash’s focus on creating its own POS system aligns with its broader strategy to streamline restaurant operations and …
Toast gives restaurants a cheaper delivery option with Uber
Toast, the big restaurant POS company, is giving restaurants a slightly more affordable way to process delivery orders that come through their Toast ordering channels. On Thursday, the company announced that Uber Direct, Uber’s white-label delivery system, is now available for restaurants who use Toast’s online ordering products. If a restaurant opts into the integration, …
Continue reading “Toast gives restaurants a cheaper delivery option with Uber”
Tech Tracker: Why DIY mobile apps are the next big tech tool for emerging restaurant operators
For a long time, technology innovation in the restaurant industry was relegated only to the biggest names in foodservice with the budgets and staff to build a robust tech stack. But as omnichannel capabilities and a strong digital presence become table stakes even for the smallest of emerging brands, being a mom-and-pop restaurant stuck in …