Just Kitchen, a provider of ghost kitchens in Taiwan, to start offering public shares in North America
0 55 5 minutes read Ghost kitchens have been a COVID-19 success story, and now one is set to go public, giving investors a chance to weigh in on the trend and its potential for future success. (Photo: Shutterstock)
On Thursday, Just Kitchen Holdings Corp. (TSXV: JK), an operator of ghost kitchens in Taiwan, will make its public debut on the TSX Venture Exchange in Canada. The company believes it is the first ghost kitchen operator to debut on a North American stock exchange, but it also provides a first glimpse into the faith the markets have on a concept that has exploded since the onset of the COVID pandemic.
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Just Kitchen Holdings Corp. (TSXV: JK), an operator of ghost kitchens in Taiwan, will make its public debut on the TSX Venture Exchange in Canada. The company believes it is the first ghost kitchen operator to debut on a North American stock exchange, but it also provides a first glimpse into the faith the markets have on a concept that has exploded since the onset of the COVID pandemic.
U.S. food delivery sales surpassed $19 billion in 2019, but that is just the start. Tracking firm Euromonitor predicts that ghost kitchens may generate $1 trillion in revenue by 2030.
Ghost kitchens are an outgrowth of the food delivery app boom, and they saw significant growth in 2020 because of the pandemic and the resulting restrictions on in-person dining. Over the past five years, food delivery has grown more than 300% faster than in-person dining, according to Upserve, which also found that 20% of consumers spend more on off-premise orders than dining in at restaurants,
NEW YORK, April 12, 2021 /PRNewswire/ CITIZENS GO, a cutting-edge restaurant delivery app, launched today from C3 (Creating Culinary Communities), the revolutionary food and beverage platform founded by Sam Nazarian, and Lunchbox, the next-gen enterprise online ordering service created for restaurants. Designed as an alternative to third-party delivery platforms, CITIZENS GO provides meal delivery and pickup options across C3′s network of more than 200 ghost kitchens, which includes Graduate Food Halls, brick-and-mortar restaurants such as EllaMia cafés, and the soon-to-open Citizens food hall at Manhattan West. Available for iPhone and Android users, the app currently offers delivery in Los Angeles, Northern California, New York City and Chicago, and will expand in cities across the country, including Miami, Austin, Portland, San Francisco, Seattle, and Atlanta in the months to come.
Monday, 05 April, 2021, 15 : 00 PM [IST]
Florida, USA
BurgerFi, MILA Miami, C3, Merrimanâs Honolulu, and Sear + Sea, have implemented giving back and continuing moving their sustainability missions forward by designing their restaurants with recycled goods, offering eco-conscious packaging and more. From delivery only platforms to fast casual better burger concepts these are the companies who put Mother Earth first.
BurgerFi
Besides BurgerFi being the first restaurant to add âBeyond Meat to their menu, the fast casual better-burger concept prides themselves on the interior design components that make their restaurant an eco-friendly environment in each location. One of their most famous design components is there upcycled Coca Cola chairs and barstools, which are crafted from 111 plastic bottles, while the barstools are made from 150 bottles. Other sustainability elements in their design include the community tables, which are made from rec
Combination onsite/delivery model with virtual brands mirrors recent Graduate Hotel agreement
Multi-concept operator C3 (Creating Culinary Communities) has agreed to open its onsite foodservice/virtual brand format in residential apartment properties operated by Akara Living, the company said Wednesday.
The agreement follows, and is similar to, C3’s recently announced partnership with Graduate Hotels to operate that company’s on-premise foodservice operations and use the facilities as distribution hubs for its portfolio of virtual brands.
C3, which owns the Umami Burger, Krispy Rice, Sam s Crispy Chicken, Plant Nation and other concepts, said it would launch its operations in two of Akara Living’s Kenect “serviced apartment” communities in Nashville, Tenn., and Phoenix this summer. C3 and Akara have also agreed to install the multi-brand foodservice concept in all future Kenect properties.