WAITR ANNOUNCES LAUNCH OF CORPORATE REBRAND INITIATIVE

LAFAYETTE, La.-(BUSINESS WIRE)- Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or “Company”), a leader in on-demand food ordering and delivery, announced it has launched a strategic initiative to change its name and visual identity in a comprehensive rebrand, to be effective within the next 12 – 18 months. The rebranding strategy reflects the Company’s ongoing commitment …

Waitr buys MS Coast restaurant delivery service. What’s next includes a new name

What started three years ago as one of the first restaurant-to-home delivery services in South Mississippi boomed during the pandemic and now is Bite Squad. Anthony Depreo said he founded Tiki Delivery in Diamondhead in May 2018 as “a one man show,” contracting with three restaurants in Bay St. Louis for delivery service. In December …

Waitr buys Florida-based Delivery Dudes for $23M

Dive Brief: Waitr has acquired Delivery Dudes, a Florida-based food delivery company, for approximately $23 million in stock and cash, according to a press release. Delivery Dudes operates in small- and medium-sized markets in over 50 cities, mainly located in South Florida. The transaction is expected to close by the end of this week. Delivery Dudes’ ordering …

WAITR TO ACQUIRE FLORIDA-BASED DELIVERY DUDES FOR $23M

Delivery company Waitr is acquiring Delray Beach, Fla.-based provider Delivery Dudes for $23 million in stock and cash, the company announced Tuesday. The move will help Lafayette, La.-based Waitr expand its footprint in the Sunshine State, where it currently operates in eight markets. Delivery Dudes is concentrated in small and medium-sized markets mainly in South Florida and …

Waitr posts fourth-quarter profit

Waitr posted a fourth-quarter profit of $2.6 million, compared to a $21.6 million loss in the same period a year ago. On a per-share basis, the Lafayette-based company had net income of 2 cents, compared to last year’s 28-cent loss. For the year, the food delivery service had net income of $15.8 million, or 15 cents …

Waitr Reports Fourth Quarter and Full Year 2020 Results

Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”), a leader in on-demand ordering and delivery, today reported financial results for the fourth quarter and year ended December 31, 2020. Fourth Quarter and Full Year 2020 Highlights Revenue for the fourth quarter of 2020 was $46.8 million, compared to $43.1 million in the fourth quarter …

Waitr Enters into Asset Purchase Agreement with Delivery Dudes

Waitr Holdings Inc. (Nasdaq: WTRH) (“Waitr” or the “Company”), a leader in on-demand food ordering and delivery, today announced the Company has entered into a definitive agreement to acquire substantially all of the assets of Delivery Dudes, a Delray Beach, Florida based food delivery company. We expect this transaction to close prior to the end …

DELIVERY COMPANY WAITR TO LAUNCH WEED DELIVERY MARKETPLACE

Third-party delivery company Waitr wants to bring its customers weed.  The Lafayette, La.-based provider is working with payment processor Flow Payments to “create a compliant marketplace, delivery and payment solution” for cannabis dispensaries, the company announced Thursday. Waitr will handle the logistics and technology, while Flow will contribute its expertise in processing payments for high-risk merchants. Waitr could …

TECH ROUNDUP: DOORDASH LAUNCHES RESTAURANT ACCELERATOR, TOAST EYES IPO

This week in restaurant tech: DoorDash and Yelp look to better equip restaurants and Toast could be the next tech company to go public. DoorDash launches program for minority-owned restaurants. The Main Street Strong Accelerator is intended to help businesses owned by women, immigrants and people of color that have been disproportionally hurt by the pandemic. …

Waitr Reports Third Quarter 2020 Results

Third Quarter 2020 Highlights Revenue for the third quarter of 2020 was $52.7 million, compared to $49.2 million in the third quarter of 2019, an increase of 7%. Net income for the third quarter of 2020 was $4.6 million, or $0.04 per diluted share, compared to a loss of $220.1 million, or a loss of …