Tech

Tech

South Korea’s Largest Delivery Service Will Use Robots by 2022

2 months ago

The company wants to reduce delivery-related accidents, and lessen the burden of ongoing labor shortages in South Korea. That's fancy talk for robots taking over jobs humans do not want to do.

Tech

Smaller Restaurants Grapple With the Burden of Delivery Service Fees

2 months ago

Independents and mid-sized chains are very reliant on delivery companies, as they are too small to launch delivery channels of their own, and a failure to offer the channel would result in large amounts of missed revenue and new customers.

Tech

Yelp Is Becoming a Bigger Restaurant Reservation Threat to OpenTable

2 months ago

The biggest challenge for OpenTable competitors has been getting users to download an app or learn about their service. That's clearly not an issue for Yelp. But Yelp has other challenges, namely years of playing the antagonist to restaurants.

Tech

Uber Eats Looking to Offload India Delivery Business

2 months ago

This isn't the only international market that Uber Eats is giving up on, and it's no coincidence that the retreat comes as Uber prepares to go public later this year.

Tech

DoorDash Closes $400 Million Funding Round

2 months ago

The company is now valued at a head-spinning $7.1 billion, up from $1.4 billion less than a year ago.

Tech

Chinese Ghost Kitchen Startup Secures $50 Million in Funding

2 months ago

Want a roadmap to how the virtual kitchen industry will shape up in the U.S. over the next few years? Look no further.

Operations

Restaurant Chains Push Back Against New York’s Proposed Cashless Ban

2 months ago

The restaurant operators are urging local government to consider the operational efficiencies that going cashless provides, while local government urges operators to consider the larger implications of closing off their restaurants to customers who don't have easy access to bank accounts. At least at this point, it doesn't exactly sound like either side is listening to the other.

Tech

Yelp Beats Earnings and Predicts Double-Digit Revenue Growth Through 2025

2 months ago

After much shareholder pressure to deliver, Yelp was ready for its moment in the sun after reporting earnings that easily topped Wall Street's estimates.

Tech

DoorDash Is Negotiating a $500 Million Funding Round

2 months ago

When Postmates confidentially filed for an IPO last week, we knew it was only a matter of time before rival DoorDash would try to shout louder with bigger news. In this case, nothing's confirmed, but DoorDash is looking at closing a round of funding that could push the company passed a $6 billion valuation.

Tech

Just Eat Urged to Seek Merger With a Rival

2 months ago

Activist investor Cat Rock is growing more impatient by the day with Just Eat's lack of a CEO appointment. Somewhere Yelp is reading this understanding the UK company's pain.

Tech

Grubhub Breaks Down Its Chain Partnerships Strategy

2 months ago

It's no surprise that Grubhub is going after more enterprise restaurant relationships this year, and it says that it's the one to beat when it comes to the variety of technology support that it can offer to the nationwide chains.

Tech

Postmates Files for IPO

2 months ago

Postmates pioneered the food-delivery industry almost a decade ago. Competitor Uber Eats is also expected to go public later this year by way of parent ride-hailing company Uber Technologies.