DoorDash delivers office supplies | PYMNTS.com
Today, in the food trade, the valuation of Captain Fresh, the Indian B2B seafood and meat market start-up, is skyrocketing, and DoorDash is embarking on the delivery of on-demand office supplies . Additionally, PYMNTS data reveals that restaurants can drive sales with card-on-file payment capabilities.
Seafood B2B seller Captain Fresh valued at $500M after Series C
Indian B2B seafood and meat startup Captain Fresh has more than doubled its valuation to $500 million year-to-date after a $50 million Series C funding round. The founding round – led by existing investors Prosus Ventures and Tiger Global, as well as Accel India, Matrix Partners India, Ankur Capital and Incubate Fund – will allow the company to make acquisitions, said CEO and co-founder Utham Gowda in a Monday (March 7) Economic Times report.
Card payments on file increase restaurant spend and restaurant performance
Restaurants can increase consumer spending by recording payment information, according to data from PYMNTS’ Restaurant Friction Index, created in collaboration with Paytronix. The study found that more than one in four restaurant customers say they would be more likely to shop at restaurants that offer the option to pay with a stored card than at those that don’t.
The Mobile Order-Ahead Ranking Serves a Full Plate, with 15 Apps in the Top 10
In this month’s edition of PYMNTS’ Advance Order Mobile App Vendor Rankings, 15 contestants earned a spot in the top 10. On the menu, apps are ranked using an exclusive combination publicly available information and usage data from applications accessed by PYMNTS.
DoorDash Announces On-Demand Office Supply Delivery
As food delivery aggregators seek to improve the economics of their business model by branching out into new categories, DoorDash is branching out into office supply delivery. The company announced Monday (March 7) that it has partnered with Office Depot to offer delivery from more than 1,000 Office Depot and OfficeMax locations.
Drone food delivery ramps up as restaurants and consumers seek cost-effective options
Yariv Bash, CEO of drone delivery provider Flytrex, speaks with PYMNTS about how the space has evolved since last summer: “Now that we have FAA [Federal Aviation Administration] for a radius of one nautical mile, we currently serve a potential of nearly 10,000 homes, so it’s really starting to evolve.