Helping Restaurants Reach Customers

Helping Restaurants Reach Customers

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the significant growth of a food e-commerce platform during the pandemic, doubling its merchant base and playing a crucial role in supporting restaurants. The platform, which allows consumers to order beloved dishes nationwide, has created a unique ecosystem addressing pain points for food makers. The revenue model involves a percentage of each order, with no direct charges to restaurants. The company is focused on expansion, backed by a $20 million funding round. Celebrity endorsements, like Chrissy Teigen's, have boosted orders. The founder shares his passion for Southern and comfort foods.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant growth did the company experience during the pandemic?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How many merchants did the company have at the beginning compared to now?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the company play in helping restaurants survive?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the relationship between the merchants, the company, and the end customer regarding revenue?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the company's plans for raising more capital in the future?

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OFF

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