Today in restaurant and grocery tech news, France’s 15-minute delivery eGrocer brings in tens of millions of funding, and California lawmakers attempt to bring more transparency to food delivery fees. Plus, Chris Dull, CEO of Freddy’s Frozen Custard & Steakburgers, discusses the features driving the category’s growth.
France’s 15-Minute Grocery Delivery Startup Cajoo Raises $40M as eGrocery Space Grows
The ultra-fast grocery delivery space is heating up. In France, startup Cajoo, which delivers grocery orders by bicycle within 15 minutes, is raising funds to build out its presence in the country. The company just raised $40 million in its Series A round, led by top French grocery chain Carrefour.
California Bill Requiring Food Delivery Fee Transparency Awaits Governor Approval
In California, a bill that would require third-party delivery services such as DoorDash and Uber Eats to show consumers an itemized breakdown of costs and fees is heading to the desk of Governor Gavin Newsom for approval. The bill was approved by the California State Assembly on Wednesday (Sept. 1), following approval in the State Senate in August.
F6: Four Factors Forming Fast-Casual’s Future with Freddy’s
Fast-casual is the quickest growing category in the restaurant, with studies finding that the segment is currently growing about 8% each year, compared to the quick-service restaurant (QSR) and full-service restaurant markets, which are each growing around 5% annually.
Chris Dull, CEO of Freddy’s Frozen Custard & Steakburgers, speaks with PYMNTS about the tools and technologies driving the category’s success.
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