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Yext, Inc. (YEXT) Q1 2022 Earnings Call Transcript

YEXT earnings call for the period ending March 31, 2021. ....

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Yext, Inc. (YEXT) Q1 2022 Earnings Call Transcript

Yext, Inc. (YEXT) Q1 2022 Earnings Call Transcript
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Camile Thai launches 'neighbourhood' kitchen as delivery-only push increases

Camile Thai launches neighbourhood kitchen as delivery-only push increases
Camile Thai Kitchen is opening its first neighbourhood kitchen in the capital as part of its plans to grow its presence in the delivery-only space.
The Dublin-based Thai restaurant group has partnered with Reef Technologies to open the dark kitchen in London’s Canary Wharf, which is set to be the first of a number planned for the UK.
The restaurant group says that dark kitchens were an important component in its non-traditional franchising growth strategy and will offer a new avenue for urban consumers to access its brand.
“Camile is embracing ghost kitchen opportunities to expand their reach beyond traditional brick and mortar restaurants in every neighbourhood across London,” says Camile Thai UK general manager Jonathan Dockrell. ....

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How to invest in ghost kitchens, according to a proptech associate

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Delivery-only restaurants, or ghost kitchens, have had a big year, buoyed by an increase in food delivery because of the pandemic.
Safi Aziz, a senior associate at proptech venture firm MetaProp, walked Insider through the different parts of the industry, which he said has more differentiation at an early stage than coworking did.
MetaProp hasn t yet invested in ghost kitchens, but is most likely to invest in asset-light marketplace companies, instead of companies that take on expensive leases, properties, and kitchen buildouts.
Aziz says there are many opportunities to make good investments in the space. ....

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