RESTAURANT INDUSTRY NEWS
Marketing to Millennials with Social media
Day 1 of the 2015 NRA Show and we went to the Marketing to Millennials on Social Media session with Joshua Swanson. Joshua has done some awesome research into who Millennials are, what they are interested in and how they interact. As a demographic group, they are...
Just Eat Menulog acquisition – Has Just Eat bitten of more than it can chew?
The Just Eat Menulog acquisition for AUD $865 million represents a whopping $150,000 per Restaurant that Menulog currently has as a customer. Just Eat Chief David Buttress defended the price paid, stating that Menulog was capable of driving dramatic growth over the...
Menulog acquisition by Just Eat for USD $687 million
Techcrunch has reported that UK Listed company Just Eat plans to acquire Menulog / Eatnow for an eye popping £445, which is US$687 and a AUD $865 million. The purchase, which will be funded by an equity issue, has been described by Jonathon Buxton from Cavendish...
Menulog Sale for $500m by Goldman Sachs.
What does the Menulog Sale mean for your Restaurant and do the numbers stack up? It has been reported today in the Fin Review that Goldman Sachs is running an international Menulog sale process that is expected to fetch up to $500 milllion. This is what we thought...
Alexa vs Google Analytics – How accurate is Alexa?
Alexa provides comparative analytics so that website owners can compare how their traffic compares to other websites. We have seen many restaurant owners think that they are dealing really well with their online marketing because they have an Alexa Ranking that is...
Zomato buys NexTable – Aiming to move into Australia
Zomato Book - The new online booking system coming to Australia. Zomato, the recent acquirer of Urbanspoon, has now acquired US based NexTable, and a cash and stock deal for an undisclosed amount. Zomato recently raised US$50,000,000 and is valued at over $1...