“Digital Sharecropping” " . . it’s a danger that’s happening every time your customers use a service like Inst*****t. . . . The customer contact information, preferences and other data collected by Inst***** is theirs, not yours. Also, the branding and customer shopping experience is an Inst***** interface, not your store’s . . . "
" . . Instacart is raising $225 million, boosting its valuation from $8 billion in 2018 to $13.7 billion, per CNBC. The company plans to use these new funds to support its partner grocers and shoppers, who fulfill orders for customers, and boost other efforts, including advertising. Improving conditions for its shoppers may be particularly important to its future success because some of them have gone on strike multiple times during the coronavirus pandemic, seeking better working conditions and compensation adjustments, and Instacart may not be able to meet demand without its full workforce.
DoorDash is close to raising funds at a $15 billion valuation, prior to adding the investments, after it was valued at around $13 billion in 2019, according to The Wall Street Journal. The size of the funding round is still being determined, and it's possible it will not come to fruition. But DoorDash may be in need of additional financial resources now that Grubhub - one of its chief rivals in the US food delivery market - has been acquired by Just Eat Takeaway.com for $7.3 billion. . . "
The Web-based Market (some recent articles)
(eInventory)
(Loyalty Programs)
Recent Valuations:
a Contactless System:
" . . In keeping with a survey performed by the
Nationwide Restaurant Affiliation, 3% of its members noticed higher sales in April in comparison with a 12 months earlier. All of them had been quick-service & fast-casual eating places. . . "
Washington Post: " . . Small business used to define America’s economy. The pandemic could change that forever. . . "
". . .Mr. Hoffman’s restaurant is open at all is due in no small part to the cloud-based software platforms that help manage his business. It’s also helped by a deal he cut with one of the delivery-app companies currently burning venture capital across the U.S. in hopes of becoming middlemen between restaurants and their customers . . "
". .employment in food services
& drinking places is down by 3.1
million since February . . "
(as of July 2, 2020)
US Dept.
of Labor:
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