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Search resuls for: "Travis Kalanick's CloudKitchens"


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The chief financial officer of City Storage Systems, the umbrella company of Travis Kalanick's foodtech juggernaut, left last month, two employees told Business Insider. Before City Storage Systems, Curran spent more than a dozen years at Amazon, where he was most recently the vice president of finance and chief financial officer for the international consumer business, per his LinkedIn. His social-media profile lists a January end date for his latest role, the chief financial officer of "stealth startup." City Storage Systems is a multifaceted effort to reinvent food production, just as Kalanick aimed to upend the taxi industry by founding Uber. Tech and real-estate businesses such as City Storage Systems face challenges, including inflation and higher interest rates.
Persons: Travis Kalanick's, John Curran, Curran, Uber, Kalanick Organizations: Storage Systems, Business, City Storage Systems, Uber, LinkedIn, Otter, Tech, Systems
Better Days, a virtual brand assisted by robots, officially debuts today. Better Days by Remy Robotics wants to scale its wellness brand to 500 locations in five years. Wellness food brand Better Days is officially debuting today inside Travis Kalanick's CloudKitchens commissary kitchens. Remy Robotics founder and CEO Yegor Traiman left his job as an electric-vehicle engineer five years ago to launch Remy Robotics. Better Days, a robot-run virtual restaurant in New York City, sells chef-driven dishes like this salmon meal.
Persons: Remy, , there's, Travis Kalanick's, Uber, Yegor Traiman, McDonald's, Jose Andres, El, Ferran Adrià, Traiman Organizations: Remy Robotics, Service, Disney Locations: New York City, White, Chipotle, Europe, Brooklyn
Last week, YouTube star MrBeast sued the restaurant firm behind his namesake burger brand. YouTube star Jimmy Donaldson used his fame to "torpedo" the burger brand, the VDC suit says. The lawsuit comes a week after Beast Investments sued Virtual Dining Concepts alleging that VDC had ignored the MrBeast Burger Brand. MrBeast Burger debuted in 2020 and is sold in hundreds of restaurants seeking to use excess kitchen space to earn additional revenue. The reality is that the overwhelming majority of customers were highly satisfied, and the product was excellent," the VDC suit said.
Persons: MrBeast, Jimmy Donaldson, Donaldson, Burger, MrBeast Burger, Donaldson's, Travis Kalanick's CloudKitchens, Dorothy Calba Organizations: Concepts, YouTube, Service, Beast Investments, Dining, Twitter, Burger, Kitchen United, Euromonitor Locations: Wall, Silicon, New York, MrBeast, Florida, Washington
The burgers' 'terrible quality' was the fault of a business partner, he alleged in a new lawsuit. His company alleged complaints raised to partner Virtual Dining Concepts “fell on deaf ears.”Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Reef, which sells MrBeast Burger, has logged multiple consumer complaints about uncooked burgers, Insider previously reported. Representatives for Virtual Dining Concepts did not respond to Insider's request for comment. Insider's Brittany Chang wrote last year about eating a "mediocre burger" at a physical MrBeast burger joint in New Jersey's American Dream mall.
Persons: MrBeast, Jimmy Donaldson, Donaldson's, Travis Kalanick's, Burger, Brittany Chang Organizations: Service, YouTube, Beast Investments Locations: Wall, Silicon, New
Mobile ordering and delivery have boosted Starbucks' bottom line and have become an incremental and growing part of the business. Starbucks would not share specifics on the size of its delivery business but has previously said the segment has seen a 20% year-over-year growth. CloudKitchens, which rents small, private kitchen bays that share a reception, offers one solution to delivery growth. Starbucks plans to open the San Francisco ghost kitchen on August 22 and operate it from 7am to 6pm, per a March filing with the city. The ghost kitchen will not sell alcohol.
Persons: Uber, , Travis Kalanick, Laxman Narasimhan, Travis Kalanick Steve Jennings, CloudKitchens, Pat Grismer, Brady Brewer, Gloria Dawson, Darius Rafieyan, Meghan Morris Organizations: Starbucks, Service, CloudKitchens, Mobile, Buffalo Wild Wings, Getty, TechCrunch, Food Locations: Francisco, San Francisco, China, New York
Thousands of virtual brands continue to flood delivery apps like Uber Eats, DoorDash, and Grubhub. IHOP is launching a third delivery-only brand – a chicken menu by a "Stranger Things" star. Partnering with Noah Schnapp and Nextbite were a seamless fit to meet the consumer target for our newest Virtual Brand." Stranger Things star Noah Schnapp helped create a virtual chicken menu for IHOP. Nextbite's other celebrity-backed virtual brands include Packed Bowls by Wiz Khalifa and 'Wichcraft sandwiches by Tom Colicchio.
Thousands of virtual brands are flooding delivery apps like Uber Eats, DoorDash, and Grubhub. According to a joint report by Grubhub and the market-research firm Technomic, 41% of independent restaurants are operating virtual restaurants. Uber Eats and GrubhubUber Eats and Grubhub do not label virtual brands. Our perspective is that a virtual restaurant is a real restaurant," Uber Eats told Insider. The Miami address for the virtual brand Sam's Crispy Chicken is listed as "MIA07-2" on the Uber Eats app.
CloudKitchens, the richly valued startup founded by former Uber chief Travis Kalanick, is cutting jobs as a pandemic-era boom in online food ordering subsides and a recession looms. The ghost kitchen operator has shed corporate recruiting employees, a move made to get closer to profitability, according to a person close to the matter. On November 1, employees on the recruiting team were asked to attend an impromptu Zoom meeting, described as a "global update." Tunna said Kalanick's goal is for CloudKitchens to be profitable next year, and with that, the startup has to make some changes, according to the witness. CloudKitchens raised about $850 million last fall from backers, including Microsoft, in a round that valued the startup at $15 billion.
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