Casual Dining & Contract Catering Sector
Deliveroo reported a 99 per cent increase in gross transaction value
The Irish Times – 09.07.2021
Deliveroo has revealed bumper sales in the past three months, which are set to be higher than first thought. The company said the gross transaction value – the amount spent by customers – hit £3.4 billion (€3.95 billion) in the first six months of the year, up 99 per cent on the same period a year ago. Deliveroo sales in the UK and Ireland were particularly strong – up 87 per cent in the three months to June, hitting £921 million (€1.07 billion). The company said it has “seen continued strong growth and consumer engagement”, leading to an increase in guidance for the full year with about 15 per cent growth in the second half.
Irish food software company Nutritics buys UK-based Ten Kites
Independent.ie – 07.07.2021
Irish founded food and health software company Nutritics has bought Ten Kites, a UK-based menu-publishing platform. The Ten Kites software enables food businesses to publish personalised digital menus across web pages, mobile apps and digital displays. The acquisition will enable Nutritics to include the Ten Kites solution as part of its overall offering to its customers. Stephen Nolan, MD of Nutritics, said: “This acquisition strengthens the Nutritics offering by enabling us to combine our food and health software solutions with the Ten Kites platform used by restaurants, pub groups and bars, ensuring that the menu information being provided to customers is accurate and detailed to allow them to make the choices they want to.”