Topics

Sales
Square buys Caviar, a food-delivery start-up, for reported $90 million
Square buys Caviar, a food-delivery start-up, for reported $90 million

Online payments company Square announced Monday that it has acquired Caviar, a San Francisco food-delivery start-up. The deal is reportedly worth $90 million, all in stock. Caviar specializes in providing delivery services for restaurants that do not offer deliveries of their own. The service launched in 2012 and has since expanded to Los Angeles, Boston, Chicago, New York, Seattle and Washington. Square, which offers small businesses a register service for accepting payments and tracking sales, said the Caviar acquisition gives it one more way to serve its more than 50,000 restaurant clients. “Caviar’s curated, seamless delivery experience is exactly the kind of service we...

Loading