CHICAGO--(GrubHub, a web and mobile service that connects diners to restaurants and simplifies online ordering for delivery and carry-out, today announces a business partnership with OLO Online Ordering, the leading provider of mobile and online ordering for chain restaurants like Five Guys Burgers & Fries® and Sonic Drive-In®. GrubHub will integrate OLO’s list of restaurant menus on their site later this year.)--
“This partnership forms the largest platform for online food ordering in the United States, covering both independent restaurants and marquee chain restaurants.”
“OLO has been instrumental in bringing innovative online and mobile technology to national restaurant chains, making ordering food easier and more convenient for restaurants and their diners,” said Matt Maloney, co-founder and CEO of GrubHub. “This partnership forms the largest platform for online food ordering in the United States, covering both independent restaurants and marquee chain restaurants.”
Restaurants are a $600-billion industry, with more than half the sales coming from delivery, carryout or drive-through. The percentage of customers who have used the web to place a food order has soared to 32 percent from 11 percent in the past five years, according to the National Restaurant Association in Washington, D.C.
GrubHub sent $85 million in orders to restaurants in 2010 and is projected to send $200 million in orders by the end of this year. The growth potential in the online ordering space is substantial for GrubHub and OLO. The partnership between the companies will give diners more variety to choose from while boosting orders for OLO’s restaurant partners.
“Over the years, OLO has come to view GrubHub as the best consumer online ordering platform, consistently going above and beyond with their incredible customer service and restaurant support,” said Noah Glass, founder and CEO of OLO. “It’s natural for people to want to order from both independent restaurants and chain restaurants. GrubHub and OLO will together provide the greatest variety and the highest quality service to both consumers and restaurants of any size.”
GrubHub is a venture-backed company founded in 2004 by Chicago-based software engineers Matt Maloney and Mike Evans. The website shows consumers all of the local restaurants that deliver to them and allows diners to order directly online, by phone or through the GrubHub iPhone and Android app. Both apps are free from their respective app markets, and it is also free for users to order online at GrubHub.com.
The rapidly growing company currently services Chicago, New York, Los Angeles, San Francisco, Boston, Philadelphia, Washington D.C., San Diego, Oakland, Seattle, Portland, Denver and Boulder and has plans to double its footprint in 2011. For more information visit www.GrubHub.com.
About OLO Online Ordering
OLO Online Ordering is a venture-backed company founded in 2005 by New York-based entrepreneur Noah Glass. OLO makes online ordering easy and lets customers order from anywhere. Since 2005, OLO has perfected its off-premise ordering platform with the input of hundreds of thousands of consumers, thousands of restaurant owners, and dozens of top restaurant brands. Today, OLO provides mobile and online ordering capabilities for top brands like Cold Stone Creamery® and Five Guys Burgers & Fries, with over 2,500 restaurants nationwide. Learn more at www.olo.com.