Food delivering ordering technology has changed drastically in recent years as millions of dollars have been invested into the industry. Technology companies are finding ways to integrate online ordering, kitchen preparation, POS and delivery. The industry is changing the way people buy and consume food.
Previous articles about online food ordering
Online ordering company Olo files for $100 million IPO
After showing huge gains in 2020, online ordering company Olo has filed to go public on the New York Stock Exchange. The company hopes to raise up to $100 million and use the funds to fuel growth through acquisition, according to its filing with the Securities and...
Robot delivers food at Philly airport
Who wouldn’t want a beer delivered to the gate by a robot while waiting for a flight? That is now possible at the Philadelphia International Airport. In 2019, PHL Food & Shops, which manages restaurant operations at the airport in Philadelphia, added a mobile...
Gridwise data shows huge mobility changes from third party delivery
Third-party delivery has completely changed mobility patterns within communities, and technology company Gridwise is looking to help cities and businesses adjust. What is Gridwise? Gridwise is an app that helps ride-hail drivers maximize their revenue. It was founded...
Zuul launches multi-concept ghost kitchen technology
Ghost kitchen operator Zuul has launched a kitchen operations platform, trying to help organizations launch and run virtual brands. The company has been in the ghost kitchen business since 2019, allowing it to learn and build a custom platform. Developed with partner...
GrubMarket raises $90M in financing round
Online food delivery company GrubMarket has raised $90 million in a round of funding. The financing was led by BlackRock, ACE & Company, Celtic House Venture Partners, Sixty Degree Capital, The Strand Partners, Reimagined Ventures, Trinity Capital Investment,...
Doordash acquires salad vending machine company
Doordash has acquired Chowbotics, which manufactures a vending machine that sells salads, grain and poke bowls, parfaits, cereals and snacks. The company was founded in 2014 and shows the growing interest within the food industry for automation. Kroger and Walmart are...
Chipotle sees 177% increase in digital sales in Q4
Like many restaurant chains, Chipotle Mexican Grill saw huge gains in online sales and delivery orders in 2020. For the fourth quarter, the company reported that digital sales grew 177.2 percent from 2019 to $781.4 million, representing 49 percent of sales. About half...
Amazon testing electric delivery vehicles in LA
Amazon has begun testing electric delivery vehicles in Los Angeles as part of the company's pledge to be carbon neutral by 2040. The shipping giant has partnered with Rivian, a U.S.-based electric car manufacturing company, on the project. Amazon says it plans to...
Walmart reaches 3000 stores offering delivery
Walmart has invested huge sums of money in online shopping and delivery. The company wants to compete with Amazon and major grocery chains like Kroger by creating a complete multi-channel shopping experience. As part of that effort, the company announced recently that...