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Cloud Kitchen Platform Kitopi Seeks $200 Million To Push Into Southeast Asia

Cloud Kitchen Platform Kitopi Seeks $200 Million To Push Into Southeast Asia
Cloud Kitchen Platform Kitopi Seeks $200 Million To Push Into Southeast Asia
March 18, 2021  |  Investments

Kitopi, a shared kitchen platform focused solely on online food delivery, is seeking $150 million to $200 million in financing to reach markets in Southeast...

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New Study: Sit-Down Eateries, Indie QSRs Need Tastier Digital Options To Better Compete
New Study: Sit-Down Eateries, Indie QSRs Need Tastier Digital Options To Better Compete
March 18, 2021  |  Restaurant innovation

The March 2021 edition of Delivering on Restaurant Rewards, a PYMNTS and Paytronix collaboration, fifth in this special series, probes how independent restaurants in the...

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Olo CEO On The Path To IPO And Building A Restaurant Network
Olo CEO On The Path To IPO And Building A Restaurant Network
March 18, 2021  |  IPO

Few companies would look at going public as a time to shake things up. But for restaurant Software-as-a-Service (SaaS) company Olo, that’s exactly what the...

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QSR Group Targets Young, Health-Conscious Consumers
QSR Group Targets Young, Health-Conscious Consumers
March 17, 2021  |  Restaurant innovation

Over the last year, quick-service restaurant (QSR) chains have been noting two major shifts in consumers’ appetites: increased interest in “wholesome” foods and in indulgent...

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Torchy’s Tacos Plans IPO That Could Value Chain At $1 Billion
Torchy’s Tacos Plans IPO That Could Value Chain At $1 Billion
March 15, 2021  |  IPO

Torchy’s Tacos, an Austin-based restaurant chain, is planning an initial public offering (IPO), Bloomberg reported on Sunday (March 14). Get the Full Story Complete the form...

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Loyalty Rewards Drive Spending For Large QSRs, Independent Restaurants
Loyalty Rewards Drive Spending For Large QSRs, Independent Restaurants
March 15, 2021  |  Restaurant innovation

Sunday (March 14) was “Pi Day,” with the 3/14 date notation representing 3.14, the rounded form of π (pi). Many major pizza restaurant chains took...

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Today In Payments: Cryptocurrency Could Be Banned In India; Stripe Valued At $95 Billion After $600 Million Funding
Today In Payments: Cryptocurrency Could Be Banned In India; Stripe Valued At $95 Billion After...
March 15, 2021  |  News

In today’s top news, India could ban all cryptocurrency, and Stripe is valued at $95 billion after a $600 million funding round. Plus, Flywire plans...

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NEW DATA: Loyalty Programs Help Independent Restaurants Boost Customer Spend
NEW DATA: Loyalty Programs Help Independent Restaurants Boost Customer Spend
March 15, 2021  |  Restaurant innovation

U.S. consumers are on a tight budget, and for many, restaurant orders are on the chopping block. Get the Full Story Complete the form to...

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Walmart To Open Five Ghost Kitchens In Canada
Walmart To Open Five Ghost Kitchens In Canada
March 14, 2021  |  Walmart

Ghost Kitchen Brands (GKB) has teamed up with Walmart Canada to bring one-stop meal pickup and delivery to consumers, according to a press release. Get...

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