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Photographer: Yuriko Nakao/Bloomberg
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Square Buys OrderAhead to Grab Pickup Business at Restaurants

  • Deal capitalizes on trend of ordering online ahead of time
  • Caviar, Square’s food delivery unit, to incorporate new app

Square Inc. said it acquired startup OrderAhead’s dining pickup website and app that allow people to place take-out orders and skip the line at restaurants.

The deal gives the payments processor access to more diners and eating establishments for its Caviar food-delivery service, which Wednesday announced its own restaurant pickup program. Terms weren’t disclosed.