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Olo Receives $18 Million From Tiger Global Management

PYMNTS

Olo , a mobile and online food ordering platform, announced an $18 million investment by New York investment firm Tiger Global Management on Wednesday (Jan. Scott Shleifer, a Tiger Global Management partner, said he believes Olo is here for the long run. “We However, that technology didn’t exist yet – until it did.

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Olo Aims To Go Public In 2020 With Possible $1B Valuation

PYMNTS

Food software startup Olo, named after the phrase “online ordering,” has plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. Olo was originally started as a text message food ordering service in 2005. The company, which is based in New York, is looking for a $1 billion valuation.

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Toys R Us Eyes Liquidation Of US Operations

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toy and game brand entered bankruptcy protection in September 2017, and had planned to refashion both its capital and operating structures — which is typical of such strategies. Toys R Us managed to garner a $3.1 As has been widely reported, the U.S. Refinancing remained a viable strategy for a while, but then came the Amazon effect.

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Priceline Group Gets A New Name

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As Priceline Group focuses in on its hotel and home rental business, the online travel company announced it had changed its name on Wednesday (Feb. in 2005, Kayak in 2013 and OpenTable in 2014, the last of which it bought for $2.6 Bob Bogle, one of the first location’s first store managers, gave it the iconic Wal-Mart name.

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The Great Online Innovation Pile On Of 2017

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There seems to be an awful lot of piling on these days on the big online platforms. Its “Whole Paycheck” image combined with the rise in availability of organic foods in more traditional grocery stores put pressure on its stock, which was in the dumper, and the management team to do something to turn things around. Then there’s Amazon.

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Why Amazon Bet (Almost) A Billion On Certainty

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Much of the coverage was about the hit to Q2 profits from the additional investments in logistics, warehousing and inventory management required to cut the current default shipping option in half. Ordering ahead and managing pickup (or delivery) gives the consumer a way to create both predictability and assurance – on their terms.

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Past Acquisition Failures, Wins Hang Over Talk Of Big Deals

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Like its $310 million purchase of Bonobos, buying Blue Apron would repeat Walmart’s playbook of acquiring a branded eCommerce startup with a more premium product to its core offerings,” said Matthew Trusz, equity research analyst of Gabelli & Company, to investors. One such deal is the 2005 acquisition of Skype by eBay for $2.6

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