Waitr adds chief technology officer as it expands into new verticals

Waitr has named Timothy Newton as its chief technology officer, the company announced Tuesday. Newton served as CTO at Fat Tuesday & New Orleans Original Daiquiris. Before that, Newton was vice president of global technology operations at Papa John’s. Newton led the implementation of a new point-of-sale system across 40 Fat Tuesday locations and developed performance …

Waitr will rebrand to ASAP, cannabis will be a key focus

Waitr will rebrand to ASAP later this year to emphasize the company’s involvement in delivery verticals outside of restaurants, Waitr CEO Carl Grimstad said during a presentation at the ICR 2022 Conference on Tuesday.  Cannabis will be a key element of the company’s differentiation from delivery rivals. The aggregator is poised to succeed in the …

Waitr Names Restaurant Industry Veteran Timothy Newton Chief Technology Officer

LAFAYETTE, La.–(BUSINESS WIRE)–Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”), a leader in on-demand food ordering and delivery, announced today that Timothy Newton has been named Chief Technology Officer. Mr. Newton brings more than two decades of information technology experience to the position, including stints at Papa John’s International and Fat Tuesday. Most recently, …

Waitr partners with Virtual Dining Concepts

Dive Brief: Waitr has partnered with Virtual Dining Concepts to offer dozens of VDC’s virtual restaurant brands, which include MrBeast Burger, Guy Fieri’s Flavortown Kitchen and Buddy V’s Cake Slice, on its delivery app. The partnership also includes a referral agreement allowing Waitr’s existing restaurant partners to add VDC’s virtual brands to their operations. This deal reflects the …

Why Waitr’s CEO stopped chasing DoorDash and Uber Eats and went into the ‘messier’ business of cannabis delivery

Waitr is the fourth-largest delivery operator in the US, according to Bloomberg Second Measure. To differentiate itself from DoorDash, Waitr is leaning into the $38 billion cannabis industry. Waitr is buying cannabis-focused software firms that work with hundreds of dispensaries. When Carl Grimstad took over as CEO of the struggling food-delivery company Waitr in early 2020, he …

Waitr plans to acquire a cannabis dispensary POS company for $90M

Dive Brief: Waitr has announced its intention to acquire Cova, a cannabis dispensary point-of-sale company, for $90 million. In a statement, Waitr CEO Carl Grimstad said transactions on the Cova platform could reach approximately $2.3 billion. This isn’t Waitr’s first play in the cannabis space. In March, the company announced a partnership with Flow Payments to create a compliant …

Waitr Rebranding as ASAP, Acquires Another Cannabis Company

Waitr is set to acquire a cannabis dispensary compliance and point of sale company, adding to a growing pot-payments empire for the company. The Louisiana-based food and grocery delivery company is also changing its name as part of a $4.7 million legal settlement with California-based Waiter.com. Waitr signed a letter of intent to acquire Retail …

Waitr Holdings to Acquire Dispensary Compliance POS Company

Waitr Holdings Inc, a leader in on-demand food ordering and delivery, announced the company has entered into a non-binding letter of intent to acquire Retail Innovation Labs Inc. dba Cova, a leading point of sale, inventory and compliance software business serving cannabis dispensary retailers in North America. “We believe that the Cova POS solution will …

Waitr Partners With Shift4 to Offer Harbortouch POS to Restaurants

LAFAYETTE, La.–(BUSINESS WIRE)–Waitr Holdings Inc. (Nasdaq: WTRH), a leader in on-demand ordering and delivery, today announced a new strategic partnership with Shift4 (Nasdaq: FOUR), a leader in integrated commerce technology, to offer the Harbortouch point of sale (POS) system to Waitr’s 26,000 restaurant partners across the nation. “This new agreement with Shift4 reinforces Waitr’s commitment …

Waitr third quarter net income tops $12 million, revenue dips

Waitr posted a profit of $12.3 million in net income in the third quarter, more than doubling its net income from a year ago. On a per-share basis, the Lafayette-based on-demand ordering and delivery service had a net income of 9 cents per share, compared to 4 cents a year ago. Revenue, which comes from transaction …