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Delivery is a business that provides delivery services to customers. This can include food delivery, grocery delivery, or package delivery. Delivery businesses are often part of the logistics industry.
The ghost kitchen industry, which saw a surge in popularity and investment during the pandemic, seems to be facing a downturn. Between 2020 and 2022, startups in this sector attracted over $3 billion in venture capital, with companies like Reef Technology and CloudKitchens, founded by Uber’s Travis Kalanick, securing a […]
Catapult Concepts, spearheaded by Jake Schostak, is revolutionizing the virtual restaurant space by introducing a new operational model emphasizing simplicity and efficiency. Schostak, who has a rich background in the restaurant business, including roles at Chipotle and Sweetgreen, founded the company to address the challenges faced by independent restaurants, especially […]
In a recent TrendTalk webinar by Rational on July 6, 2022, industry experts gathered to discuss the evolution and future of ghost kitchens. The panel included representatives from successful ghost kitchen startups and restaurant chains who shared their experiences and insights into this rapidly growing sector. Melina Michna, co-founder of […]
In a sudden turn of events, the ghost kitchen startup Butler Hospitality ceased its operations in May, laying off nearly 1,000 employees without much notice. Despite raising $50 million in funding and recently announcing plans to expand into new cities, including Denver and Los Angeles, the company folded abruptly, leaving […]
Nextbite, once a thriving virtual restaurant company, has faced several setbacks, including multiple layoffs and selling its technology arm, Ordermark, to UrbanPiper, an Indian company. Recently, it was acquired by SBE CEO Sam Nazarian, the leader of its former competitor, C3, marking a significant consolidation in the virtual restaurant sector. […]
Dine Brands, the parent company of popular restaurant chains Applebee’s and IHOP, has partnered strategically with Franklin Junction. This firm facilitates restaurants to flourish as virtual brands in new international markets. This collaboration will enable Applebee and IHOP to venture into fresh markets, including Japan, the Netherlands, France, and Belgium, […]
Kitchen United, a prominent ghost kitchen operator, recently secured $100 million in Series C funding, with contributions from several new investors, including Kroger, Circle K, and Simon Property Group. This substantial financial injection, which brings the company’s total funding to approximately $175 million, aims to facilitate a massive expansion from […]
In a world where convenience is king, Uber Eats has been a reigning monarch in the food delivery kingdom. Yet, even kings have to make tough decisions sometimes. In a bold and surprising move, Uber Eats has decided to trim down its virtual restaurant brands significantly. A Necessary Trim? Uber […]
CloudKitchens is a ghost kitchen startup founded by Uber’s co-founder and former CEO, Travis Kalanick. Established in 2016, the company provides infrastructure and software to restaurants aiming to operate virtual locations without the high costs associated with physical establishments. Despite securing significant funding last year, including investments from Microsoft, CloudKitchens […]
In the bustling world of food delivery, restaurants face many challenges. From manual order entries to the chaos of “tablet hell,” the road to delivery success is paved with obstacles. But fear not; we’ve got the solutions to help you streamline your operations and thrive in the digital dining era. […]