Issue #124 – OnTrend Concepts

January 5, 2023

Peter Cook, Editor

Not surprisingly, it was a pretty light news week. That said, this week our phones and emails blew up with the number of inquiries regarding the International Ghost Kitchen Conference! New registrations, speakers, and sponsors all seemed eager to make 2023 a great year, and they are looking to the International Ghost Kitchen Conference this March to help them learn, grow, and find the right partners. We are really excited about the conference. Check out the website to see the latest speakers, register, and to book your hotel.

And now, the news…

Wealthiest YouTuber MrBeast Aims for $1.5 Billion Valuation

Jimmy Donaldson, better known by his YouTube handle MrBeast, is planning to sell a small stake in his studio. A ten percent stake with an estimated value of $150 million would leave MrBeast with a ninety percent stake worth $1.4 billion, making him the first billionaire YouTuber.

Food Industry Trends 2023: 5 Restaurant Technology Trends to Watch

It’s time to look ahead and see which trends and opportunities 2023 will bring. In a series of three blogs, Deliverect will reveal all the major food industry trends we expect to see in the coming year.

Papa John’s Finds an Answer to Domino’s Dominance

Papa John’s mimics Domino’s, but also faces growing competition from ghost kitchens.

A Look at a New Ghost Kitchen/Food Hall/Test Kitchen/Marketplace in Downtown Long Beach

Unique new venture with a great presentation.

The future of the F&B industry: Aggregating cloud kitchens with smart technologies

Like every other sector, the future of cloud kitchens is smart. The new age technology is the driver of this segment of the hospitality industry which is no longer mushrooming under the shadow of restaurants and has grown into a multi-billion sector.

5 Mistakes that you might be making as a Cloud Kitchen owner that is hampering your growth

Indian cloud kitchen operator has some pointers for those looking to open a cloud kitchen.

Cloud kitchens, the new normal in post covid world

It has now become a trend for passionate chefs to set up their businesses.

Beyond Delivery: Are You Missing Out on these DoorDash Features?

DoorDash is no longer just an online ordering and delivery platform. Like other major players in the third-party food delivery space, it now offers a whole suite of features to restaurant partners, designed to help it compete while also helping operators grow their business.

The owner of Portland Ghost Kitchen tells employees his company will file for bankruptcy

The owner of a “ghost kitchen” that advertises more than 75 brands on food delivery apps and prepares food in the old Pok Pok building in Northwest Portland told employees in a Saturday announcement that the company will file for bankruptcy this week.

Report: Food deliveries in Mass. skyrocket, and negative impacts could be coming

Bureaucrats without enough to do and limited understanding of the industry provide a laundry list of recommendations for lawmakers. Great. Thanks.

Podcast: Create a Culture of Yes

Smokey Bones COO has been part of the leadership that launched two virtual brands for the company, The Wing Experience, and Burger Experience. Podcasts shares some great tips on creating a great culture.

Podcast: Back of House News

Podcast discusses the concept of virtual brands.

Youtube Interview: Interview with Karan Tanna, Founder of Ghost Kitchen India (and named Forbes 30 Under 30 India)

He operates his brands at 1100+ restaurants across India.

India: Orders on cloud kitchens rev up 30-35% on New Year’s Eve

According to several sources, restaurants and cloud kitchens saw a 30-35% increase in order volumes on Saturday, as people celebrated New Year’s Eve, compared to December 31, 2021.

India: Food delivery major Swiggy’s losses more than doubled to ₹3,629 crore in FY22

Food ordering and delivery from restaurants contributed almost 60 per cent of its total revenue.

UAE-based foodtech Nourish raises $400,000 in funding round

Nourish, an inflight meal booking platform in the UAE, has secured $400,000 in an investment round that was led by investors from the US, Jordan, Saudi Arabia, and Egypt.

Our newsletters are a collection of all the news from the previous week related to each digest topic. The focus is on trends, deal announcements, technology, and other industry disruptors and innovations.

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