CORAL GABLES, FL / ACCESSWIRE / January 25, 2019 / The delivery stock market has capitalized on excitement stirring around the food industry over the last few months. What was previously understood as common practice in the food delivery sector has recently changed with the advent of food delivery apps meant to bring ease to customers looking to eat delicious foods without having to step inside a restaurant. To put it simply, the basic paradigm of what defines a restaurant or food-serving location is being completely redefined as experts and professionals in the field work to develop innovative approaches to developing applications and digitized solutions to improve the quality of food delivery for consumers. ParcelPal Technology Inc (PTNYF) (PKG), GrubHub Inc (GRUB), Yelp Inc (YELP), and Blue Apron Holdings Inc (APRN), are 4 delivery tech companies developing new ways for consumers to enjoy their meals.
ParcelPal Technology Inc (PTNYF) (PKG), along with other companies in the space, has recognized that people are not satisfied with the current state of accessibility in terms of food. The Company has worked tirelessly to invest in developing a platform meant to improve the quality of how consumers order food, and as a result of this, they've recently drawn a comparison to the way early investors had an opportunity with companies like Uber and Grubhub before they went mainstream in the US.
ParcelPal Technology Inc (PTNYF) (PKG) created an on-demand marketplace where customers can shop for anything from food to clothes, and customers need only shop from the app, choose the items they want, and wait for the delivery within one hour.
In recent news, ParcelPal Technology Inc (PTNYF) (PKG) announced that it had signed an integration deal with NexTech AR Solutions. As part of the integration with ParcelPal, NexTech will create custom dashboards with its xAPI analytics enabling the tracking of micro-behaviors throughout the AR experience creating a valuable set of data for ParcelPal and their merchant eCommerce sites.
Following the announcement, Kelly Abbot, CEO of ParcelPal, stated, ''after spending significant time with NexTech team we realized that including an Augmented Reality of our eCommerce app and soon to be website will give both NexTech & ParcelPal a significant edge in the eCommerce space resulting in a differentiated offering that doesn't exist currently for our consumers.''
GrubHub Inc (GRUB), one of the nation's leading online and mobile food-ordering platforms, announced earlier this week that the Company will host a conference call to discuss its fourth quarter financial results on Thursday, Feb. 7, 2019, following the release of the Company's financial results. Per the press release regarding the announcement, CEO Matt Maloney and President & CFO Adam DeWitt will be hosting the webcast.
Yelp Inc (YELP) issued a statement earlier this month in response to a press release from SQN Investors LP.
The statement read, ''Yelp's Board and management team are focused on taking actions to deliver on our disciplined strategy to achieve sustained, long-term growth and create shareholder value. We value our shareholders' input and will continue to incorporate investor feedback as we work to capitalize on the opportunities before us and further ensure that our Board's composition best serves the strategic and operational goals of the business.
Blue Apron Holdings, Inc, (APRN) known for creating incredible meal experiences, announced earlier this month that the Company had achieved certification under the prestigious Safe Quality Food (SQF) Food Safety Code for Manufacturing nationwide across its entire fulfillment center network in Linden, New Jersey; Richmond, California; and Arlington, Texas.
Following the announcement, Brad Dickerson, CEO of Blue Apron, commented, ''Our customers trust Blue Apron to create and deliver high-quality meal experiences each and every time they cook with us. Ensuring the safety and quality of our products is our highest priority as a business. We are proud to receive SQF Certification nationwide across our fulfillment center network, an achievement that reinforces our longstanding commitment to our stakeholders that our products are high-quality, safe, and trusted.''
What Is Stock Price (StockPrice.com)?
Stock Price is defined as the price of a single share of a number of saleable stocks of a public company. A stock price is the highest amount an investor or trader is willing to pay for the stock, or the lowest amount that it can be bought for.
StockPrice.com was created for everyone that wants the latest stock quotes, stock charts, company news, and the best financial content.
At Stock Price (StockPrice.com), you get free stock quotes, up-to-date news, international market data, social interaction and the best financial content that will help you manage your financial life.
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. JSG Communications, LLC which owns www.StockPrice.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
JSG Communications, LLC, which owns www.StockPrice.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. JSG Communications, LLC, which owns www.StockPrice.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two. An Affiliate of JSG Communications, MIDAM VENTURES LLC has been compensated $75,000 per month for 3 months by ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG) to publicly disseminate information about (PTNYF/PKG). We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares. Please click here for full disclaimer.