Chili’s Tests Robo-Servers; Olo Acquires Wisely

0
28

Today in restaurant and grocery tech news, Olo turns its focus from consumer-facing products to internal restaurant tools, and Portillo’s sees investor interest soar following its initial public offering. Plus, PYMNTS findings illuminate consumers’ digital ordering habits.

Restaurant Platform Olo to Buy Data Firm Wisely for $187M

Olo, an on-demand commerce platform powering the restaurant industry’s digital transformation, will buy customer intelligence and engagement platform Wisely, according to a Thursday (Oct. 21) press release. The acquisition cost is approximately $187 million, with $77 million of the transaction in cash and the remaining $110 million in Olo’s Class A common stock.

Up for Grabs: Restaurants and Grocers See Path to Picking up 200 Million New Customers

Since March 2020, consumers have been going online to order not only groceries, but also restaurant orders they once only acquired in brick-and-mortar establishments. This is…

Read more…