Why Wonder Brought Grubhub

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In this episode of the Digital Restaurant Podcast, we dive into several key industry trends and developments. We discuss Wonder's surprising acquisition of Grubhub at a steep 91% discount, exploring how this deal could bolster Wonder's vision of a "super app" for mealtime. The conversation shifts to the growing impact of Ozempic on the restaurant industry, with discussions around how reduced appetites might affect dining behaviors and prompt restaurants to rethink menu offerings. We also tackle the challenges CFOs face in financing restaurant tech, as the industry grapples with the high costs and benefits of tech investments. We touch on the rising trend of self-ordering kiosks, exemplified by chains like Bojangles and Shake Shack, and the potential for loyalty integration. Finally, we explore Serve's acquisition of Vebu, marking a potential shift toward a consolidation of automation technologies in the restaurant space
Timestamp:
00:01:14 Wondering why Wonder grabbed Grubhub?
00:05:44 What does Ozempic mean for restaurants?
00:09:4 RFDC Highlights: Financing Technology
00:13:52 More evidence to show that kiosks were the tech to have in 2024
00:17:03 Serve Buys Autocado
Articles mentioned in the video:
Wonder Grabbing Grubhub
Wonder Acquiring Grubhub - Restaurant Business Online
https://bit.ly/3sbsD4f
Wonder Buys Grubhub for a Stunning Discount - IB Times
https://bit.ly/45n1q6h
Wonder Grabs Grubhub: WSJ
https://bit.ly/45n57X4
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What Ozempic Means for Restaurants
Ozempic's Impact on Restaurants - Franchise Times
https://bit.ly/45n0SoI
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Financing Technology in Restaurants
Restaurant CFOs Embrace Technology - Franchise Times
https://bit.ly/45lFy6I
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Kiosks as a Key Tech Trend in 2024
Bojangles and Grubbrr Installing Kiosks - Restaurant Dive
https://bit.ly/45mf9l4
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Serve Robotics Buys Vebu (Autocado)
Serve Robotics Buys Vebu - Restaurant Dive
https://bit.ly/45n5aM2

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