Michael “Schatzy” Schatzberg’s Post

Instacart is now expanding into restaurant takeout thanks to a new partnership with Uber! “Consumers will see the same restaurant menu prices on Instacart that they do on Uber Eats, and couriers will be paid the same way they would be for orders directly from Uber Eats,” Uber says the motivation behind these is to drive more orders to Uber Eats restaurant partners while Instacart gets to add new businesses to its delivery platform without having to build it from the ground up. Read More Here: https://bit.ly/3JS3yAX #Restaurants #Hospitality #Technology #Business #Innovation #AI #investing #venturecapital Branded Hospitality Ventures Matthew O'Hearn Courtney Berman Jinwoo Song Ahmed Beshry Josh Rider Chris Rogers Nick Giovanni

𝙄𝙣𝙨𝙩𝙖𝙘𝙖𝙧𝙩 𝙋𝙖𝙧𝙩𝙣𝙚𝙧𝙨 𝙒𝙞𝙩𝙝 𝙐𝙗𝙚𝙧 𝙀𝙖𝙩𝙨 𝙛𝙤𝙧 𝙍𝙚𝙨𝙩𝙖𝙪𝙧𝙖𝙣𝙩 𝘿𝙚𝙡𝙞𝙫𝙚𝙧𝙮 Instacart customers can now get two-for-one services on their choice of groceries or takeout. The company has partnered with Uber Technologies Inc. to bring Uber Eats restaurant delivery to Instacart customers. Read the full story > https://lnkd.in/g8FVw8-U #Instacart #UberEats #RetailWire

** Instacart and Uber team up to take on DoorDash ** Grocery delivery service Instacart is expanding into the restaurant takeout market through a new partnership with Uber Eats. By adding a new feature for restaurant delivery, Instacart will rely on Uber Eats couriers to pick up and deliver the food. Uber will provide the listing of restaurants, and the transaction will be overseen by Uber’s software, all within Instacart’s app or website. While the deal's financial details remain undisclosed, customers' prices will not change, and couriers will see no payout decrease. This move is a significant expansion for Instacart, allowing the company to add restaurant takeout to its delivery operation without building it from the ground up. However, it is still a curious move as both companies compete with each other over grocery customers. Nonetheless, Uber says its motivation is to “drive more orders to Uber Eats restaurant partners,” while Instacart gets to add a galaxy of new businesses to its delivery operation. #Instacart #UberEats #FoodDelivery #RestaurantTakeout #Partnerships #Technology #BusinessExpansion #MarketShare #Competition #GroceryDelivery

 Instacart paired with Uber Eats! USA users can now order from the favorite restaurants on Instacart, delivered via Uber Eats. Instacart customers will now be able to use the grocery delivery platform's app to order from hundreds of thousands of Uber Eats restaurant partners across the US, as part of a partnership between the two companies. Instacart said there would be a new tab on its app that would allow customers to choose from a selection of nearby restaurants, browse menus, place orders and track deliveries in real time. Formerly known as Maplebear, Instacart has been investing in platform improvements and ramping up its marketing efforts to attract more customers, particularly in the face of competition from industry giants like DoorDash, Amazon, and Walmart. Following the announcement, shares of Instacart experienced a 4% increase, while Uber Technologies saw a marginal uptick. In contrast, shares of rival DoorDash, the leading food delivery player in the U.S., declined by 2.3%. Here more details about this partnership.

Instacart and Uber Eats are teaming up to bring restaurant delivery to the grocery delivery platform in the coming weeks across the U.S. The move pairs two of the largest food and goods delivery platforms as they each look to charge growth and bulk up profits in a competitive field. Instacart will roll out a new “Restaurants” tab within its app that allows users to choose from nearby restaurants, browse menus, place orders, and track deliveries, all powered by Uber Eats and Uber couriers. “Through this partnership, Instacart customers now have access to both the best online grocery selection in the U.S. and restaurant delivery, making it even easier for them to conveniently tackle all their food needs from a single app,” Instacart CEO Fidji Simo said in a press release on Tuesday. “For Uber, powering restaurant delivery in the Instacart app is another way to help drive more orders to Uber Eats restaurant partners,” the companies said in a joint release. “This new channel also enables Uber to extend its leading restaurant selection to millions of customers across the U.S., including families in suburban markets that use Instacart.” #instacart #ubereats #fooddelivery #partnership #tech https://lnkd.in/gj83_uQa

The speed at which restaurant technology is evolving is simply mind-blowing! 🤯 Digitally-savvy consumers are once again turning traditional business models upside down. Restaurants are in similar position as bricks-and-mortar retail was 20 years ago. Old Way: - Location, location, location 🏠 - High start-up costs 📈 - Word of mouth 🗣 - Protect your margins 🛡 New Way: - Digital-first engagement 👨💻 - Low start-up costs 📉 - Scale your growth using platforms 📶 - Share your margins 🤝 Consumer habits change and restaurants have to evolve with them. Can you afford not to use DoorDash, OpenTable or Afterpay? These platforms are more than a service; they are a marketplace where buyers meet sellers. I'm very excited to see how companies like CloudKitchens can become the "Amazon" of food and beverage. This industry is ripe for disruption - and lots of opportunity to scale at a rapid pace. As with retail, I suspect that restaurants offering an incredible in-store experience will separate themselves from the gargantuan amount of online delivery kitchens that will open over the next decade.

Just Eat Takeaway.com is selling off Grubhub to fancy food hall delivery startup Wonder in a deal worth $650 million. The transaction is expected to close in the first quarter of 2025, subject to regulatory approvals. Wonder is owned by businessman Marc Lore, the former Walmart e-commerce CEO and part-owner of the Minnesota Timberwolves. Wonder started as a multi-restaurant food truck service delivering fine dining and evolved into food hall hubs where staff quickly cook pre-prepared foods crafted by big-name chefs like Bobby Flay. Customers can order from “upwards of 30 restaurants” from the Wonder app, combining them into one delivery. With Grubhub coming under Wonder’s belt, the company plans to integrate the delivery app into its platform. In a press release, Lore says Wonder will soon offer a “super app for mealtime” that includes “a curated selection of Grubhub’s restaurant partners directly in the Wonder app,” as well as groceries and meal kits (Wonder also owns Blue Apron). It also plans to integrate Wonder locations into the Grubhub experience for third-party deliveries. #grubhub #fooddelivery #gigeconomy #news #acquisition #tech https://lnkd.in/gNE_XkY5

DoorDash, specifically, is evolving beyond just an ordering App - it's reshaping how we dine and how we look at the hospitality sector. Recently, my 9-year-old surprised me by requesting DoorDash for dinner without specifying the cuisine or restaurant - a true testament to the platform's convenience and accessibility. For restaurant owners hesitant about third-party delivery services, my son's simple request highlights a shift towards digital ordering among the younger generation. Embracing platforms like DoorDash could be key to staying relevant in this evolving dining landscape. #DoorDash #FoodDelivery #DigitalDining

I saw this article written by Meredith Sandland and Carl Orsbourn earlier. There are so many great points about the struggles between restaurants and third-party delivery. After running Restaurant Success at one of these third-party delivery companies for many years, I know these struggles all too well! There are ways to help ease the pain and make those marketplace orders more profitable! At Apex Order Pickup Solutions, we assist restaurants in creating a secure place for their orders to wait to be picked up (orders are in our lockers 4-6 mins on average). This drastically cuts back on order theft, accidental or purposeful, and creates a safe and secure order handoff between restaurant team members and 3pd drivers. Not to mention, a much better guest experience inside the restaurant, allowing the restaurant team to do what they do best...delight the guests! If restaurants are interested in data regarding their orders we have that too! We complete the digital chain of custody showing restaurants when the order was placed in the locker and when it was picked up and should be on its way to their customer. If you want to explore how this might work for your locations, let's chat! We definitely have ways to make this technology solution easy to use, easy to implement and easy to afford! https://lnkd.in/gH9ismhu

Should pizza restaurants use in-house drivers or third-party delivery systems to reach their customers? 🍕 It's not a clear-cut choice! Third-party apps are convenient, but high commission fees and increasing minimum wages can affect your bottom line. Employing drivers has worked well for pizza giants like Domino’s and Pizza Hut, but smaller restaurants may not have the economies of scale to benefit from in-house delivery. Today, we're weighing the pros and cons of each to help you make an informed decision. Third-Party Delivery Services Instant access to an established network of delivery drivers and vehicles ✅ No vehicle-related expenses and driver liabilities ✅ On-demand flexibility during peak hours, holidays or promotions ✅ Lack of control over delivery drivers can lead to inconsistent service and negative reviews ❌ Commission fees plus add-on costs can eat into your bottom line ❌ Your Own In-House Drivers Direct control over delivery operations ✅ Access to more feedback/data points ✅ Consistent brand image and customer experience ✅ Long-term cost savings as the delivery systems are integrated into your restaurant processes ✅ Not being listed on a third-party app can affect your restaurant's reach and exposure ❌ Costs associated with staffing in-house drivers and maintaining vehicles can add up ❌ Based on our analysis, in-house delivery drivers have less of an impact on revenue than third-party apps, but this may vary based on your location, size of your operations, and delivery radius. Want a better way to manage your orders? Snappy’s online ordering & delivery solution integrates seamlessly with the rest of your systems, so you can expand your restaurant's reach, increase sales, and enhance customer satisfaction. Ready to learn more? DM us with your email or comment below and we'll get in touch with all the information you need.