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Forkspot Stock Price, Funding, Valuation, Revenue & Financial Statements

The Forkspot.io platform will significantly reduce costs for all users of online food ordering and delivery and allow for fair wealth distribution for restaurants and drivers. In addition to blockchain technology, the platform leverages artificial intelligence to create a fair and equitable order dispute resolution system and validated accurate performance reviews. Forkspot focuses on transforming food technology through a decentralized platform within the blockchain and cryptocurrency sectors. The company offers a blockchain-based ecosystem that connects restaurants, consumers, and delivery drivers, facilitating food ordering and delivery services with cryptocurrency transactions. Forkspot primarily serves the restaurant industry and the emerging blockchain-based service market. Lula Convenience is a software company that specializes in providing delivery solutions for convenience stores within the retail sector.

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The company offers solutions such as logistics operations, delivery management, and reverse logistics of returned goods with the tools to help deliver on time. It helps in fleet scheduling and tracking, analytics, and customer acquisition channels. It was founded in 2016 and is based in Abu Dhabi, United Arab Emirates.

FORKSPOT.IO ANNOUNCES UK & SINGAPORE EXPANSION PRESS RELEASE

The company offers a platform that digitizes inventory and aggregates orders from various delivery apps, enabling stores to manage deliveries and inventory in real-time. Lula Convenience primarily serves the convenience retail industry by connecting stores with major delivery providers. It was founded in 2020 and is based in Philadelphia, Pennsylvania.

Discount App Forkspot Brings Consumers Closer to Restaurants

Slice operates as an online platform focused on supporting local pizzerias by facilitating pizza delivery and pickup services. The company provides specialized technology, data insights, targeted marketing, and collective buying power to help independent pizza restaurants serve digitally-minded customers and grow their businesses. The platform primarily caters to the food service industry, specifically local pizzerias looking to expand their https://turbo-tax.org/ digital presence and reach. Paytronix is a company that focuses on customer experience, operating primarily in the restaurant and convenience store sectors. The company offers a platform that combines online ordering, loyalty programs, omnichannel messaging, artificial intelligence insights, and payments to deliver personalized experiences for customers. Paytronix primarily serves the restaurant industry and the convenience store industry.

  1. Slice operates as an online platform focused on supporting local pizzerias by facilitating pizza delivery and pickup services.
  2. Forkspot then takes a very small pay-per-walk-in fee for any conversions; for customers who have previously visited or previewed a restaurant there is no fee.
  3. About Forkspot.io At Forkspot.io we love food and the convenience of having food delivered, but not the inflated cost.
  4. Other features include in-app reviews, food recommendations and the listing of the most popular menu items.
  5. Mikayelyan thought of Forkspot after leaving a sushi restaurant only to find this restaurant had a 30 percent discount promotion.
  6. As well as benefitting customers, Forkspot offers restaurants an incredibly precise and efficient marketing strategy.

Forkspot, an app dedicated to helping people find restaurant discounts, now enables users to pre-order food at the best discounted rates. This joins a number of existing Forkspot features, such as instantly notifying users to available discounts when they pass by or enter a restaurant. “Nobody wants to know about a discount at a restaurant after they have just paid full price, what use is that? “But if we can make sure they see this information beforehand, we can both save people a lot of money, and bring new customers to restaurants, especially during down times”. FSR sets the table for decision makers in the full-service restaurant space, with an emphasis on independents, hospitality groups, and emerging NextGen chains.

As well as benefitting customers, Forkspot offers restaurants an incredibly precise and efficient marketing strategy. Unlike traditional food advertisements which target everyone, the app can hone in on a relevant target audience, delivering better results and reducing marketing costs. Forkspot then takes a very small pay-per-walk-in fee for any conversions; for customers who have previously visited or previewed a restaurant there is no fee. Today’s announcement of the global expansion, begins the transformation of the online food ordering and delivery industry and the use of cryptocurrency for everyday needs.

There is also the option to notify any potential customers—by location and food preference—of a new promotion in the local area. As eating out is no longer a luxury, but a necessity for Americans (for the first time in history Americans are spending more money at bars and restaurants than groceries), the potential savings are huge. Lyve provides business-to-business (B2B) software-as-a-service (SaaS) solutions.

CardFree is a company that focuses on providing integrated commerce solutions, primarily in the restaurant, hospitality, and retail sectors. The company offers a range of services including mobile and online ordering systems, payment solutions, and customer engagement tools such as loyalty programs and social media integration. These services are primarily targeted towards the hospitality industry, including restaurants, forkspot hotels and resorts, and other retail merchants. Edge by Ascential is a company that focuses on providing ecommerce solutions and data services. The company offers a range of services including actionable data insights, retail forecasting, and advisory solutions to help businesses optimize their online performance and increase sales. Their primary customers are global brands and retailers in the ecommerce industry.

The latest feature, the ability to pre-order ahead of time for pick-up and dine-in with additional discounts, adds yet more convenience to an already impressive list of features Forkspot has to offer. This includes Uber and Lyft integration, which automatically compares Lyft and Uber fares to any Forkspot restaurant and allows users to book the cheapest ride. Other features include in-app reviews, food recommendations and the listing of the most popular menu items. Mikayelyan thought of Forkspot after leaving a sushi restaurant only to find this restaurant had a 30 percent discount promotion.

Forkspot.io, an online food technology ordering and delivery company, today announced that it will be expanding its state-of -the art technology platform and online food ordering and delivery services globally. About Forkspot.io At Forkspot.io we love food and the convenience of having food delivered, but not the inflated cost. Since our launch in 2015, we have become the fan favorite of food ordering platforms, growing to over 74,000 users and 1,100 restaurants. Forkspot works by the placement of a bluetooth ibeacon device (distributed for free) in restaurants. These devices send users a mobile push notification when they are inside or in the vicinity of the restaurant, informing them of any available discounts.