“Some industries have been quicker to adopt to technology and have become “disruptors””…
Food delivery is big business. Consumers demand convenience and choice when it comes to takeout. Food delivery options used to be limited to pizza and Chinese food, but now virtually any type of cuisine is available to the public. Morgan Stanley Research points to a core addressable annual restaurant spend of $210 billion in the United States alone, of which online food delivery currently comprises only $10 billion – less than 5 percent.
“Earning customer loyalty should sit at the top of the agenda.” Read the new guest post by Lior Sion on Inbound Logistics.
Program graduate Bringg recently raised $10 million in a round of financing that included none other than The Coca-Cola Co.
Raanan Cohen, Bringg’s CEO is quoted in the article – “Amazon has become a leading player in the grocery industry overnight. It’s crunch time for the industry.
Coca Cola Co., to avoid lost sales and keep product flowing in small retailers, is encouraging mom-and-pop stores to use a mobile app to replenish shelves with cans and cases on demand.
Bringg’s logistics platform enables company to efficiently manage delivery orders and allows customers to track deliveries real-time. Bringg announced today it has started rolling-out its customer-centric delivery platform across the Panera Bread network of bakery-cafes.
Panera Bread, which is being purchased for $7.5 billion, said it would add more than 10,000 new delivery jobs by the end of the year as it expands the service to as much as 40% of its restaurants, up from 15% of its 2,036 restaurants at the end of 2016.
Bringg, a startup taking advantage of the shift toward faster, more transparent on-demand delivery, has raised an additional $10 million in Series B funding.