Grubhub founder Matt Maloney bets on a new delivery business
Joe Guszkowski explores Maloney's return to restaurant tech and his startup, Bites, which he believes can revolutionize third-party delivery economics.
In the world of restaurant technology, Grubhub founder Matt Maloney is making waves again. Five years after stepping away from the industry, he has returned to join Bites, a startup he believes holds the key to solving the economics of third-party delivery.
Maloney's perspective is shaped by his previous experience, having left restaurant tech to focus on other ventures. Now, he's back with a new vision:
Bites aims to address the challenges of third-party delivery by creating a more efficient and profitable system. This, according to Maloney, is crucial in a market where delivery orders have been steadily increasing.
The article delves into:
- The current state of third-party delivery and its impact on restaurants.
- Maloney's strategy for improving delivery economics with Bites.
- The role of technology in streamlining the delivery process.
- The future of delivery and its potential to shape the restaurant industry.
Additionally, the text highlights key Consumer Trends, such as the focus on value at Jersey Mike’s and the challenges independent restaurants face in a tough market. It also mentions recent developments like Square's new kiosk and SIGEP World's international focus.
Remember that, in today's digital era, the delivery landscape is ever-evolving, and Maloney's return to restaurant tech is just one of many game-changer developments shaping the industry.