technology

Technology

Will virtual brands stick around?

Editors’ Roundtable: Delivery-only concepts are appearing faster than we can write about them. RB’s editors discuss whether this concept is here to stay.

Technology

Back-office software provider Restaurant365 buys competitor Compeat

It is the second deal this week involving technology designed to ease administrative tasks for restaurants.

Salesforce Ventures also participated in the Series C round as companies focused on first-party ordering continue to attract investors.

The company said it quickly closed access after some customer data in Korea and Taiwan was compromised.

The deal is expected to close June 15, and will create one of the largest food delivery companies in the world.

The social media-like platform has been a hit with college students, and now it’s planning to follow them into the “real world.”

The deal will give restaurants that use the tech platform an even better handle on their finances, the companies said. Terms were not disclosed.

Restaurants getting by on old, patchwork systems had to shift gears last year, according to a new report from J.P. Morgan and FreedomPay.

A Manhattan bakery alleges in a class-action lawsuit that DoorDash, Uber Eats and Grubhub restructured their fees to skirt the city's 20% cap.

The pizza chain's nemesis is auctioning off some of its weapons as one-of-a-kind digital assets.

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