Deliverect Acquires ChatFood to Solidify Position as the Omnichannel Solution for the Restaurant Industry

Acquisition enables Deliverect to extend and support social media, dine-in QR and direct channel ordering

DUBAI, UAE, NEW YORK, LONDON, and BRUSSELS, May 10, 2023 /PRNewswire/ -- Deliverect, a global scale-up that integrates and accelerates online orders for restaurants, announced today that it has acquired ChatFood, a leader in social media ordering, order and pay at table, and loyalty solutions. This acquisition provides the restaurant industry with a unified solution to enable profitable growth and exceptional experiences, including social, dine-in QR, and direct channel ordering, as well as online food delivery.

Together Deliverect and ChatFood serve over 43,000 restaurants and food service businesses around the world and power over 300 million orders in 42 markets. ChatFood's strength is in the Gulf region with more than 3,000 food service locations relying on their technology. ChatFood co-founders, Benjamin Mouflard and Vini Rodrigues, will remain with Deliverect, leading further growth and expansion.

"We are thrilled to welcome ChatFood to the Deliverect team," said Zhong Xu, CEO and co-founder of Deliverect. "With ChatFood, we now provide a 360-degree solution inspired by the challenges our customers face, supporting them both with in-restaurant dining and online food delivery. This milestone is significant for our company, because each day we strive to simplify the lives of restaurant owners and help them thrive in the digital age."

With the addition of ChatFood, Deliverect will offer customers a one-stop, best-in-class digital platform that eliminates complexity and drives value for both in-restaurant dining and online delivery experiences. When restaurants invest in social media ordering technology specifically, they can better understand, connect with, and engage their customers directly to grow repeat business and stand out from competition.

"We've had an opportunity to observe Deliverect's values and dedication to their customers through our existing integration and long-standing partnership. We recognised that their approach aligned with our own," said Ben Mouflard, CEO and co-founder of ChatFood. "We are so excited by this next chapter in our journey and bringing our solutions to restaurants around the world." 

ChatFood solutions have resulted in 35% higher average spend from customers, 3x more tips, and 25% more labour efficiency. With this acquisition, benefits to the food service industry include new solutions:

• Deliverect Social Media Ordering: Restaurants' customers can order from their social media accounts. Tap into restaurants' social channels and their marketing tools to see margins, followers, and orders grow.
• Deliverect Order & Pay: Restaurants can digitise their dine-in experience with custom QR codes for menus, ordering, bill management, and payment. This solution helps staff focus on creating the best dining experience and rewards customers for their visits.

With this acquisition, Deliverect Social Media Ordering and Order & Pay will be available globally on a rolling basis over the coming months.

About DeliverectDeliverect is a global SaaS company that seamlessly integrates online orders from food delivery channels, such as Uber Eats, DoorDash, Deliveroo and Just Eat, allowing food service establishments to improve operations, increase customer satisfaction, and boost profits. Over 43,000 businesses trust Deliverect's platform and suite of products to power their front of house and back of house. Available in 42 markets worldwide, Deliverect works with restaurants of all sizes as well as leading food brands like Taco Bell, Burger King, and Unilever. To find out more information, visit www.deliverect.com^[1].

About ChatFoodChatFood is an omnichannel ordering and data-driven marketing platform for leading hospitality brands. ChatFood's mission is to empower hospitality businesses with the best technology to give their guests a seamless, personalised, and rewarding experience at every meal ensuring business owners get rewarded for their passion and hard work. ChatFood is an official Meta business partner with exclusive integrations on Instagram and WhatsApp. ChatFood integrates with 100+ POS partners and premium logistic solutions serving over 3,000 venues and leading brands. To learn more, visit chatfood.io^[2].

References

1. ^{^} www.deliverect.com (nam11.safelinks.protection.outlook.com)
2. ^{^} chatfood.io (nam11.safelinks.protection.outlook.com)