OnTrend Concepts

April 21, 2022

Peter Cook, Editor

Spring is upon us!  Hopefully you can take some time during these busy days to enjoy it.

Conference season is also here.  The 2nd Annual Ghost Kitchen and Virtual Restaurant Conference is quickly filing up, so don’t miss out.  For more information, click here.

Feel free to share the Ghost Kitchen Digest with any co-workers, clients, or vendors whom you think would be interested.  There is no cost and no selling of email addresses.  Just doing our part to help us all stay informed.

And now, the news…

Issue #89

Just Eat Takeaway is exploring a sale of Grubhub

The European delivery provider said it might sell the company less than a year after buying it for $7.3 billion.

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Chipotle Launches $50 Million Venture Fund for Restaurant Tech

Chipotle announced a $50 million venture fund as a vehicle for investing in food service technology start-ups.

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Here’s How Much Restaurants Mark Up Prices on Delivery Apps

Restaurants that adjust prices for orders from aggregators typically charge an average of 24% more.

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Two years after the pandemic started, menus are leaner, smarter — and often better

Old lessons of thrift and cross-utilization make restaurants more successful.

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Cloud kitchen – A game changer for workplaces in 2022

Research shows that today, 52% of global consumers are more comfortable ordering from a delivery-only restaurant.

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Why Has Restaurant M&A Activity Slowed Down in 2022?

Investors are chasing concepts with better unit economics and wiggle room to deal with margin compression.

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An Inside Job

Ghost kitchens become new low-cost entry point to the restaurant industry.

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What Cracker Barrel has learned from it's first ghost kitchen

The delivery-only outlet in Hollywood marked uncharted territory, but it's well on its way to opening more.

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Dwyane Wade's D. Wade Burgers to Expand into the Philippines

The expansion is set to take place this spring, launching simultaneously in 10 locations across Greater Metro Manila.

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JustKitchen Joint Venture to Open Location in Manila

The Company's Partnership with GrabKitchen to Operate Two Locations in the Philippines.

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JustKitchen Opens Exclusive Location in Northern Taiwan

Just Kitchen announced the opening of an exclusive ghost kitchen location in Northern Taiwan.

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DJ Khaled's Another Wing Adds Plant-Based LikeWings to Menu

DJ Khaled‘s Another Wing has unveiled its plant-based LikeWings additions to its US menu.

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World Central Kitchen partners recovering after attacks in Kharkiv

Four staff members of the ghost kitchen were hospitalized with burns, some severe.

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An Egyptian cloud kitchen provider raises $4.5M pre-seed for expansion

Following two years of bootstrapping, The Food Lab raised $4.5 million in pre-seed financing -- its first venture round.

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Foodics studies going public in next few years: CEO

Foodics Co. is considering plans for going public within the next three years, adding that it targets the Saudi and US markets.

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UrbanPiper raises $24 million in Series B funding from Sequoia, Swiggy, Zomato & others

UrbanPiper, a software-based restaurant management platform raised $24 million in its Series B funding round.

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F&B operators' manpower conundrum — too few workers or too many eateries?

The sector's manpower shortage has hit home especially in recent weeks, as Singapore significantly eased its Covid-19 restrictions.

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Prasuma to strengthen brand presence, ventures into cloud kitchen space

Prasuma, India’s favourite Momo brand, has announced its foray into the cloud kitchen segment.

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